Phoenix Market Report
$450,724
AVERAGE PRICE OF 4,651 HOMES$309,674
AVERAGE PRICE OF 92 DISTRESSED HOMES$1,872,181
AVERAGE PRICE OF 277 MULTI-MILLION DOLLAR HOMES$686,282
AVERAGE PRICE OF 407 NEWLY BUILT HOMES$706,001
AVERAGE PRICE OF 1,369 HOMES WITH A POOL$495,095
AVERAGE PRICE OF 2,104 REDUCED PRICE HOMESAverage Home
| Average Price | $450,724 |
| Avg Bedrooms | 3.33 beds |
| Avg Bathrooms | 2.45 baths |
Average Price by Bedrooms
| 1 bedroom | $183,014 |
| 2 bedrooms | $270,724 |
| 3 bedrooms | $357,540 |
| 4 bedrooms | $526,186 |
| 5 bedrooms | $858,541 |
Phoenix Home Price Trends
| 5/2018 | 4/2018 | 3/2018 | 2/2018 | 1/2018 | |
|---|---|---|---|---|---|
| Total Listings | 4,604 | 4,590 | 4,526 | 4,562 | 4,347 |
| Average Price | $469,764 | $472,714 | $466,656 | $448,779 | $434,087 |
| Avg Price Change | -0.63% | +1.30% | +3.98% | +3.38% | +0.80% |
| Median Price | $338,278 | $335,000 | $328,382 | $313,221 | $299,128 |
| Med Price Change | +0.98% | +2.02% | +4.84% | +4.71% | +1.02% |
| Avg Bedrooms | 3.31 beds | 3 beds | 3 beds | 3 beds | 3 beds |
| Avg Bathrooms | 2.48 baths | 2.48 baths | 2.47 baths | 2.45 baths | 2.42 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Market |
|---|---|---|---|
| Barry Goldwater High School | 239 | $354,131 | 53 days |
| Camelback High School | 489 | $651,757 | 84 days |
| Central High School | 443 | $422,807 | 83 days |
| North High School | 227 | $392,755 | 72 days |
| Pinnacle High School | 237 | $473,886 | 58 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Market | |
|---|---|---|---|
| All Homes | 4,651 | $450,724 | 67 days |
| Distressed Homes | 92 | $309,674 | 78 days |
| Multi-Million Dollar Homes | 277 | $1,872,181 | 156 days |
| Newly Built Homes | 407 | $686,282 | 109 days |
| Homes with a Pool | 1,369 | $706,001 | 79 days |
| Reduced Price Homes | 2,104 | $495,095 | 96 days |
