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Phoenix Market Report

$731,250

AVERAGE PRICE OF 4,010 HOMES

$377,978

AVERAGE PRICE OF 14 DISTRESSED HOMES

$2,157,675

AVERAGE PRICE OF 597 MULTI-MILLION DOLLAR HOMES

$1,103,184

AVERAGE PRICE OF 452 NEWLY BUILT HOMES

$1,061,535

AVERAGE PRICE OF 1,008 HOMES WITH A POOL

$719,520

AVERAGE PRICE OF 274 REDUCED PRICE HOMES

Average Home

Average Price $731,250
Avg Bedrooms 2.81 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $265,963
2 bedrooms $393,668
3 bedrooms $562,255
4 bedrooms $852,794
5 bedrooms $1,352,898
Phoenix Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 3,997 3,796 3,655 n/a n/a
Average Price $727,883 $731,006 $725,167 n/a n/a
Avg Price Change -0.43% +0.81% n/a n/a n/a
Median Price $499,306 $499,449 $499,060 n/a n/a
Med Price Change -0.03% +0.08% n/a n/a n/a
Avg Bedrooms 2.79 beds 2.77 beds 2.76 beds n/a n/a
Avg Bathrooms 2.18 baths 2.17 baths 2.16 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 189 $579,307 49 days
Camelback High School 323 $944,634 46 days
Central High School 368 $705,912 53 days
North High School 167 $791,658 49 days
Pinnacle High School 179 $795,766 45 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,010 $731,250 46 days
Distressed Homes 14 $377,978 36 days
Multi-Million Dollar Homes 597 $2,157,675 53 days
Newly Built Homes 452 $1,103,184 55 days
Homes with a Pool 1,008 $1,061,535 45 days
Reduced Price Homes 274 $719,520 46 days
Angela Gordon | 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. December 2, 2023
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