If you need assistance, please call 480-570-5203

Phoenix Market Report

$456,304

AVERAGE PRICE OF 4,995 HOMES

$390,222

AVERAGE PRICE OF 50 DISTRESSED HOMES

$1,868,970

AVERAGE PRICE OF 313 MULTI-MILLION DOLLAR HOMES

$649,193

AVERAGE PRICE OF 423 NEWLY BUILT HOMES

$710,122

AVERAGE PRICE OF 1,497 HOMES WITH A POOL

$469,732

AVERAGE PRICE OF 316 REDUCED PRICE HOMES

Average Home

Average Price $456,304
Avg Bedrooms 3.29 beds
Avg Bathrooms 2.43 baths

Average Price by Bedrooms

1 bedroom $184,091
2 bedrooms $259,988
3 bedrooms $371,055
4 bedrooms $540,758
5 bedrooms $890,394
Phoenix Home Price Trends
  3/2019 2/2019 1/2019 12/2018 11/2018
Total Listings 5,091 5,069 4,631 4,597 4,832
Average Price $444,956 $441,108 $440,228 $435,890 $431,102
Avg Price Change +0.87% +0.20% +1.00% +1.11% -1.38%
Median Price $316,992 $311,767 $312,504 $309,185 $306,936
Med Price Change +1.68% -0.24% +1.07% +0.73% -2.28%
Avg Bedrooms 3.28 beds 3.25 beds 3.24 beds 3.27 beds 3.28 beds
Avg Bathrooms 2.42 baths 2.39 baths 2.39 baths 2.43 baths 2.43 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 243 $1,389,786 101 days
Camelback High School 532 $626,355 87 days
Central High School 429 $462,055 86 days
North High School 273 $421,862 70 days
Pinnacle High School 238 $479,417 66 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,995 $456,304 69 days
Distressed Homes 50 $390,222 68 days
Multi-Million Dollar Homes 313 $1,868,970 133 days
Newly Built Homes 423 $649,193 92 days
Homes with a Pool 1,497 $710,122 72 days
Reduced Price Homes 316 $469,732 68 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. April 23, 2019
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