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Phoenix Market Report

$711,717

AVERAGE PRICE OF 6,378 HOMES

$476,301

AVERAGE PRICE OF 39 DISTRESSED HOMES

$2,136,360

AVERAGE PRICE OF 916 MULTI-MILLION DOLLAR HOMES

$1,256,560

AVERAGE PRICE OF 388 NEWLY BUILT HOMES

$1,059,450

AVERAGE PRICE OF 1,732 HOMES WITH A POOL

$625,947

AVERAGE PRICE OF 498 REDUCED PRICE HOMES

Average Home

Average Price $711,717
Avg Bedrooms 2.9 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $391,783
2 bedrooms $349,265
3 bedrooms $557,560
4 bedrooms $873,443
5 bedrooms $1,337,862
Phoenix Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 6,499 6,338 6,083 5,644 4,948
Average Price $719,952 $714,656 $723,272 $720,990 $702,886
Avg Price Change +0.74% -1.21% +0.32% +2.58% +2.60%
Median Price $479,618 $477,084 $483,739 $481,809 $472,766
Med Price Change +0.53% -1.39% +0.40% +1.91% +2.26%
Avg Bedrooms 2.87 beds 2.85 beds 2.84 beds 2.83 beds 2.82 beds
Avg Bathrooms 2.25 baths 2.24 baths 2.23 baths 2.22 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 534 $903,395 81 days
Total Homes Average Price Avg Days on Site
All Homes 6,378 $711,717 85 days
Distressed Homes 39 $476,301 82 days
Multi-Million Dollar Homes 916 $2,136,360 101 days
Newly Built Homes 388 $1,256,560 110 days
Homes with a Pool 1,732 $1,059,450 75 days
Reduced Price Homes 498 $625,947 69 days
The Synergy Team at My Home Group
The Synergy Team
1840 East Warner Road Suite 124
Tempe, AZ 85284
480-747-7064
CARRIE HUGHES Senior Loan Officer
Call or Text: 623.680.9046
2055 E Centennial Cir, Tempe, AZ 85284
NMLS-240551

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© 2025 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Jasson Dellacroce - The Synergy Team / My Home Group are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. June 15, 2025
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