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 HOMESAverage 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 |
