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  • Phoenix Market Report

    $733,154

    AVERAGE PRICE OF 4,785 HOMES

    $247,830

    AVERAGE PRICE OF 9 DISTRESSED HOMES

    $2,104,390

    AVERAGE PRICE OF 736 MULTI-MILLION DOLLAR HOMES

    $1,102,725

    AVERAGE PRICE OF 427 NEWLY BUILT HOMES

    $1,071,656

    AVERAGE PRICE OF 1,270 HOMES WITH A POOL

    $652,389

    AVERAGE PRICE OF 382 REDUCED PRICE HOMES

    Average Home

    Average Price $733,154
    Avg Bedrooms 2.88 beds
    Avg Bathrooms 2.26 baths

    Average Price by Bedrooms

    1 bedroom $259,382
    2 bedrooms $391,699
    3 bedrooms $565,199
    4 bedrooms $848,549
    5 bedrooms $1,332,527
    Phoenix Home Price Trends
      4/2024 3/2024 2/2024 1/2024 12/2023
    Total Listings 4,594 4,455 4,264 4,107 3,941
    Average Price $750,550 $736,069 $730,180 $729,886 $723,807
    Avg Price Change +1.97% +0.81% +0.04% +0.84% -0.56%
    Median Price $499,800 $498,422 $498,105 $492,122 $495,779
    Med Price Change +0.28% +0.06% +1.22% -0.74% -0.71%
    Avg Bedrooms 2.87 beds 2.87 beds 2.85 beds 2.82 beds 2.8 beds
    Avg Bathrooms 2.26 baths 2.27 baths 2.24 baths 2.2 baths 2.18 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Camelback High School 411 $978,430 66 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 4,785 $733,154 66 days
    Distressed Homes 9 $247,830 29 days
    Multi-Million Dollar Homes 736 $2,104,390 84 days
    Newly Built Homes 427 $1,102,725 95 days
    Homes with a Pool 1,270 $1,071,656 61 days
    Reduced Price Homes 382 $652,389 50 days