Phoenix Market Report

$448,431

AVERAGE PRICE OF 4,943 HOMES

$382,356

AVERAGE PRICE OF 38 DISTRESSED HOMES

$1,933,350

AVERAGE PRICE OF 289 MULTI-MILLION DOLLAR HOMES

$605,171

AVERAGE PRICE OF 581 NEWLY BUILT HOMES

$733,216

AVERAGE PRICE OF 1,294 HOMES WITH A POOL

$498,263

AVERAGE PRICE OF 183 REDUCED PRICE HOMES

Average Home

Average Price $448,431
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.39 baths

Average Price by Bedrooms

1 bedroom $214,976
2 bedrooms $251,340
3 bedrooms $370,397
4 bedrooms $537,413
5 bedrooms $921,137
Phoenix Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 4,799 4,629 4,433 3,038 3,280
Average Price $451,924 $471,070 $467,395 $503,431 $484,375
Avg Price Change -4.24% +0.79% -7.71% +3.93% +2.12%
Median Price $319,103 $334,384 $330,581 $352,291 $338,331
Med Price Change -4.79% +1.15% -6.57% +4.13% +2.22%
Avg Bedrooms 3.23 beds 3.26 beds 3.25 beds 3.29 beds 3.29 beds
Avg Bathrooms 2.37 baths 2.42 baths 2.4 baths 2.46 baths 2.44 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 249 $381,827 48 days
Camelback High School 466 $634,497 78 days
Central High School 404 $460,789 73 days
North High School 241 $407,536 67 days
Pinnacle High School 247 $515,209 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,943 $448,431 61 days
Distressed Homes 38 $382,356 89 days
Multi-Million Dollar Homes 289 $1,933,350 134 days
Newly Built Homes 581 $605,171 91 days
Homes with a Pool 1,294 $733,216 67 days
Reduced Price Homes 183 $498,263 56 days
© 2020 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 Mike Gullo - Product Team TEST Account 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. May 28, 2020