Phoenix Market Report
$583,239
AVERAGE PRICE OF 5,205 HOMES$339,857
AVERAGE PRICE OF 7 DISTRESSED HOMES$1,731,301
AVERAGE PRICE OF 441 MULTI-MILLION DOLLAR HOMES$935,361
AVERAGE PRICE OF 383 NEWLY BUILT HOMES$842,985
AVERAGE PRICE OF 1,382 HOMES WITH A POOL$520,374
AVERAGE PRICE OF 778 REDUCED PRICE HOMESAverage Home
| Average Price | $583,239 |
| Avg Bedrooms | 3.2 beds |
| Avg Bathrooms | 2.26 baths |
Average Price by Bedrooms
| 1 bedroom | $284,472 |
| 2 bedrooms | $378,690 |
| 3 bedrooms | $508,090 |
| 4 bedrooms | $716,506 |
| 5 bedrooms | $1,052,449 |
Phoenix Home Price Trends
| 8/2022 | 7/2022 | 6/2022 | 5/2022 | 4/2022 | |
|---|---|---|---|---|---|
| Total Listings | 5,084 | 4,879 | n/a | n/a | n/a |
| Average Price | $591,883 | $603,023 | n/a | n/a | n/a |
| Avg Price Change | -1.88% | n/a | n/a | n/a | n/a |
| Median Price | $458,146 | $465,000 | n/a | n/a | n/a |
| Med Price Change | -1.50% | n/a | n/a | n/a | n/a |
| Avg Bedrooms | 3.2 beds | 3.21 beds | n/a | n/a | n/a |
| Avg Bathrooms | 2.26 baths | 2.26 baths | n/a | n/a | n/a |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 302 | $553,727 | 54 days |
| Camelback High School | 384 | $751,361 | 67 days |
| Central High School | 350 | $630,899 | 60 days |
| North Canyon High School | 222 | $444,919 | 65 days |
| South Mountain High School | 231 | $500,733 | 59 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 5,205 | $583,239 | 59 days |
| Distressed Homes | 7 | $339,857 | 20 days |
| Multi-Million Dollar Homes | 441 | $1,731,301 | 83 days |
| Newly Built Homes | 383 | $935,361 | 122 days |
| Homes with a Pool | 1,382 | $842,985 | 58 days |
| Reduced Price Homes | 778 | $520,374 | 54 days |
