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Phoenix Market Report

$459,304

AVERAGE PRICE OF 4,312 HOMES

$429,658

AVERAGE PRICE OF 51 DISTRESSED HOMES

$1,921,953

AVERAGE PRICE OF 253 MULTI-MILLION DOLLAR HOMES

$649,456

AVERAGE PRICE OF 417 NEWLY BUILT HOMES

$708,023

AVERAGE PRICE OF 1,259 HOMES WITH A POOL

$447,167

AVERAGE PRICE OF 302 REDUCED PRICE HOMES

Average Home

Average Price $459,304
Avg Bedrooms 3.28 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $184,953
2 bedrooms $267,642
3 bedrooms $373,433
4 bedrooms $547,654
5 bedrooms $882,976
Phoenix Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 4,537 4,776 5,042 5,091 5,069
Average Price $469,717 $466,124 $454,177 $444,956 $441,108
Avg Price Change +0.77% +2.63% +2.07% +0.87% +0.20%
Median Price $339,921 $335,131 $324,184 $316,992 $311,767
Med Price Change +1.43% +3.38% +2.27% +1.68% -0.24%
Avg Bedrooms 3.31 beds 3.31 beds 3.28 beds 3.28 beds 3.25 beds
Avg Bathrooms 2.47 baths 2.46 baths 2.43 baths 2.42 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 206 $1,402,727 104 days
Barry Goldwater High School 215 $377,784 54 days
Camelback High School 452 $594,347 89 days
Central High School 416 $447,374 83 days
North High School 251 $418,701 76 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,312 $459,304 69 days
Distressed Homes 51 $429,658 74 days
Multi-Million Dollar Homes 253 $1,921,953 141 days
Newly Built Homes 417 $649,456 90 days
Homes with a Pool 1,259 $708,023 76 days
Reduced Price Homes 302 $447,167 64 days
Platinum Living Realty
Melanie Sanders
18281 N. Pima Road, Suite C-100
Scottsdale, AZ 85255
480-570-5203

© 2019 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 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. July 16, 2019