Phoenix Market Report
$688,730
AVERAGE PRICE OF 5,012 HOMES$377,025
AVERAGE PRICE OF 18 DISTRESSED HOMES$2,091,107
AVERAGE PRICE OF 663 MULTI-MILLION DOLLAR HOMES$1,049,170
AVERAGE PRICE OF 398 NEWLY BUILT HOMES$1,002,322
AVERAGE PRICE OF 1,226 HOMES WITH A POOL$597,720
AVERAGE PRICE OF 361 REDUCED PRICE HOMESAverage Home
| Average Price | $688,730 |
| Avg Bedrooms | 2.82 beds |
| Avg Bathrooms | 2.19 baths |
Average Price by Bedrooms
| 1 bedroom | $248,977 |
| 2 bedrooms | $375,453 |
| 3 bedrooms | $534,187 |
| 4 bedrooms | $798,490 |
| 5 bedrooms | $1,279,575 |
Phoenix Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 4,682 | 4,602 | 4,741 | 4,756 | 4,594 |
| Average Price | $688,107 | $696,576 | $720,159 | $737,276 | $750,550 |
| Avg Price Change | -1.23% | -3.39% | -2.38% | -1.80% | +1.97% |
| Median Price | $478,870 | $481,634 | $491,297 | $498,255 | $499,800 |
| Med Price Change | -0.58% | -2.01% | -1.42% | -0.31% | +0.28% |
| Avg Bedrooms | 2.84 beds | 2.85 beds | 2.87 beds | 2.87 beds | 2.87 beds |
| Avg Bathrooms | 2.2 baths | 2.21 baths | 2.24 baths | 2.26 baths | 2.26 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Central High School | 366 | $678,905 | 108 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 5,012 | $688,730 | 75 days |
| Distressed Homes | 18 | $377,025 | 82 days |
| Multi-Million Dollar Homes | 663 | $2,091,107 | 98 days |
| Newly Built Homes | 398 | $1,049,170 | 117 days |
| Homes with a Pool | 1,226 | $1,002,322 | 69 days |
| Reduced Price Homes | 361 | $597,720 | 58 days |
