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Phoenix Market Report

$607,518

AVERAGE PRICE OF 3,892 HOMES

$354,549

AVERAGE PRICE OF 18 DISTRESSED HOMES

$1,913,084

AVERAGE PRICE OF 390 MULTI-MILLION DOLLAR HOMES

$875,458

AVERAGE PRICE OF 344 NEWLY BUILT HOMES

$938,235

AVERAGE PRICE OF 1,052 HOMES WITH A POOL

$593,229

AVERAGE PRICE OF 303 REDUCED PRICE HOMES

Average Home

Average Price $607,518
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $279,924
2 bedrooms $361,801
3 bedrooms $518,552
4 bedrooms $760,685
5 bedrooms $1,188,934
Phoenix Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 3,783 4,162 4,766 4,996 5,167
Average Price $588,099 $570,069 $572,731 $581,787 $582,802
Avg Price Change +3.16% -0.47% -1.58% -0.17% -1.56%
Median Price $431,843 $426,903 $435,735 $446,806 $451,156
Med Price Change +1.16% -2.07% -2.54% -0.97% -1.55%
Avg Bedrooms 3.16 beds 3.17 beds 3.19 beds 3.2 beds 3.19 beds
Avg Bathrooms 2.28 baths 2.27 baths 2.27 baths 2.27 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 231 $560,338 80 days
Camelback High School 300 $858,180 76 days
Central High School 326 $699,454 89 days
North High School 172 $596,802 83 days
South Mountain High School 176 $481,776 80 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,892 $607,518 80 days
Distressed Homes 18 $354,549 43 days
Multi-Million Dollar Homes 390 $1,913,084 95 days
Newly Built Homes 344 $875,458 118 days
Homes with a Pool 1,052 $938,235 79 days
Reduced Price Homes 303 $593,229 74 days
DeLex Realty
Terry Day
10115 E Bell Rd
Scottsdale, AZ 85260
602-483-4665

© 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 Terry Day - Delex Realty 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. February 3, 2023
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