If you need assistance, please call 480-378-3555

Phoenix Market Report

$694,880

AVERAGE PRICE OF 4,607 HOMES

$327,600

AVERAGE PRICE OF 12 DISTRESSED HOMES

$2,064,097

AVERAGE PRICE OF 635 MULTI-MILLION DOLLAR HOMES

$1,032,125

AVERAGE PRICE OF 414 NEWLY BUILT HOMES

$997,013

AVERAGE PRICE OF 1,146 HOMES WITH A POOL

$591,811

AVERAGE PRICE OF 377 REDUCED PRICE HOMES

Average Home

Average Price $694,880
Avg Bedrooms 2.84 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $251,672
2 bedrooms $370,722
3 bedrooms $546,498
4 bedrooms $806,923
5 bedrooms $1,287,486
Phoenix Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 4,741 4,756 4,594 4,455 4,264
Average Price $720,159 $737,276 $750,550 $736,069 $730,180
Avg Price Change -2.38% -1.80% +1.97% +0.81% +0.04%
Median Price $491,297 $498,255 $499,800 $498,422 $498,105
Med Price Change -1.42% -0.31% +0.28% +0.06% +1.22%
Avg Bedrooms 2.87 beds 2.87 beds 2.87 beds 2.87 beds 2.85 beds
Avg Bathrooms 2.24 baths 2.26 baths 2.26 baths 2.27 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 372 $675,269 97 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,607 $694,880 72 days
Distressed Homes 12 $327,600 74 days
Multi-Million Dollar Homes 635 $2,064,097 95 days
Newly Built Homes 414 $1,032,125 105 days
Homes with a Pool 1,146 $997,013 67 days
Reduced Price Homes 377 $591,811 57 days
Angela Gordon | EXP Realty
Angela Gordon
6991 E Camelback Rd Suite D300
Scottsdale, AZ 85251
480-378-3555

© 2024 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. July 17, 2024
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