If you need assistance, please call 520-370-1846

Phoenix Market Report

$611,065

AVERAGE PRICE OF 3,989 HOMES

$346,534

AVERAGE PRICE OF 20 DISTRESSED HOMES

$1,916,813

AVERAGE PRICE OF 408 MULTI-MILLION DOLLAR HOMES

$927,748

AVERAGE PRICE OF 356 NEWLY BUILT HOMES

$942,805

AVERAGE PRICE OF 1,082 HOMES WITH A POOL

$609,576

AVERAGE PRICE OF 275 REDUCED PRICE HOMES

Average Home

Average Price $611,065
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $281,248
2 bedrooms $360,729
3 bedrooms $517,668
4 bedrooms $775,905
5 bedrooms $1,191,501
Phoenix Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 3,783 4,162 4,766 4,996 5,167
Average Price $588,099 $570,069 $572,731 $581,787 $582,802
Avg Price Change +3.16% -0.47% -1.58% -0.17% -1.56%
Median Price $431,843 $426,903 $435,735 $446,806 $451,156
Med Price Change +1.16% -2.07% -2.54% -0.97% -1.55%
Avg Bedrooms 3.16 beds 3.17 beds 3.19 beds 3.2 beds 3.19 beds
Avg Bathrooms 2.28 baths 2.27 baths 2.27 baths 2.27 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 233 $564,770 80 days
Camelback High School 306 $840,650 75 days
Central High School 343 $700,532 88 days
North High School 182 $630,466 79 days
South Mountain High School 173 $481,633 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,989 $611,065 80 days
Distressed Homes 20 $346,534 37 days
Multi-Million Dollar Homes 408 $1,916,813 93 days
Newly Built Homes 356 $927,748 116 days
Homes with a Pool 1,082 $942,805 77 days
Reduced Price Homes 275 $609,576 76 days
The Luxxe | North & Co
Angela Gordon
25 S Arizona Place, Suite 325
Chandler, AZ 85225
520-370-1846

© 2023 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 Angela Gordon- NorthANDCo 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. February 9, 2023
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