Phoenix Market Report

$431,604

AVERAGE PRICE OF 4,573 HOMES

$346,017

AVERAGE PRICE OF 101 DISTRESSED HOMES

$1,906,624

AVERAGE PRICE OF 240 MULTI-MILLION DOLLAR HOMES

$680,549

AVERAGE PRICE OF 375 NEWLY BUILT HOMES

$679,557

AVERAGE PRICE OF 1,239 HOMES WITH A POOL

$429,790

AVERAGE PRICE OF 2,222 REDUCED PRICE HOMES

Average Home

Average Price $431,604
Avg Bedrooms 3.3 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $170,844
2 bedrooms $264,586
3 bedrooms $358,982
4 bedrooms $504,479
5 bedrooms $824,302
Phoenix Home Price Trends
  8/2018 7/2018 6/2018 5/2018 4/2018
Total Listings 4,459 4,546 4,567 4,604 4,590
Average Price $435,149 $438,943 $454,346 $469,764 $472,714
Avg Price Change -0.87% -3.51% -3.39% -0.63% +1.30%
Median Price $319,781 $322,206 $332,276 $338,278 $335,000
Med Price Change -0.76% -3.13% -1.81% +0.98% +2.02%
Avg Bedrooms 3.31 beds 3.32 beds 3.33 beds 3.31 beds 3 beds
Avg Bathrooms 2.42 baths 2.43 baths 2.46 baths 2.48 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 254 $345,578 58 days
Camelback High School 488 $630,495 82 days
Central High School 377 $428,946 86 days
North High School 238 $404,172 75 days
Pinnacle High School 218 $461,743 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,573 $431,604 68 days
Distressed Homes 101 $346,017 76 days
Multi-Million Dollar Homes 240 $1,906,624 159 days
Newly Built Homes 375 $680,549 93 days
Homes with a Pool 1,239 $679,557 78 days
Reduced Price Homes 2,222 $429,790 95 days
© 2018 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 Delex Realty - Terry Day Power Team 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. September 23, 2018