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  • Phoenix Market Report

    $470,091

    AVERAGE PRICE OF 4,686 HOMES

    $453,582

    AVERAGE PRICE OF 51 DISTRESSED HOMES

    $1,929,347

    AVERAGE PRICE OF 306 MULTI-MILLION DOLLAR HOMES

    $704,567

    AVERAGE PRICE OF 398 NEWLY BUILT HOMES

    $732,432

    AVERAGE PRICE OF 1,440 HOMES WITH A POOL

    $514,993

    AVERAGE PRICE OF 338 REDUCED PRICE HOMES

    Average Home

    Average Price $470,091
    Avg Bedrooms 3.31 beds
    Avg Bathrooms 2.49 baths

    Average Price by Bedrooms

    1 bedroom $181,634
    2 bedrooms $269,319
    3 bedrooms $375,693
    4 bedrooms $545,191
    5 bedrooms $914,350
    Phoenix Home Price Trends
      4/2019 3/2019 2/2019 1/2019 12/2018
    Total Listings 5,042 5,091 5,069 4,631 4,597
    Average Price $454,177 $444,956 $441,108 $440,228 $435,890
    Avg Price Change +2.07% +0.87% +0.20% +1.00% +1.11%
    Median Price $324,184 $316,992 $311,767 $312,504 $309,185
    Med Price Change +2.27% +1.68% -0.24% +1.07% +0.73%
    Avg Bedrooms 3.28 beds 3.28 beds 3.25 beds 3.24 beds 3.27 beds
    Avg Bathrooms 2.43 baths 2.42 baths 2.39 baths 2.39 baths 2.43 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Arcadia High School 236 $1,498,070 97 days
    Camelback High School 513 $608,254 87 days
    Central High School 419 $463,255 87 days
    North High School 248 $425,474 74 days
    Pinnacle High School 228 $490,060 67 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 4,686 $470,091 68 days
    Distressed Homes 51 $453,582 69 days
    Multi-Million Dollar Homes 306 $1,929,347 131 days
    Newly Built Homes 398 $704,567 86 days
    Homes with a Pool 1,440 $732,432 73 days
    Reduced Price Homes 338 $514,993 63 days