Phoenix Market Report

$469,299

AVERAGE PRICE OF 4,766 HOMES

$454,570

AVERAGE PRICE OF 51 DISTRESSED HOMES

$1,924,726

AVERAGE PRICE OF 309 MULTI-MILLION DOLLAR HOMES

$699,471

AVERAGE PRICE OF 399 NEWLY BUILT HOMES

$728,558

AVERAGE PRICE OF 1,477 HOMES WITH A POOL

$499,123

AVERAGE PRICE OF 348 REDUCED PRICE HOMES

Average Home

Average Price $469,299
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.45 baths

Average Price by Bedrooms

1 bedroom $181,395
2 bedrooms $270,535
3 bedrooms $375,593
4 bedrooms $543,775
5 bedrooms $904,364
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 240 $1,488,593 95 days
Camelback High School 509 $615,695 88 days
Central High School 428 $460,492 85 days
North High School 249 $424,373 73 days
Pinnacle High School 239 $491,660 64 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,766 $469,299 68 days
Distressed Homes 51 $454,570 67 days
Multi-Million Dollar Homes 309 $1,924,726 130 days
Newly Built Homes 399 $699,471 86 days
Homes with a Pool 1,477 $728,558 72 days
Reduced Price Homes 348 $499,123 61 days