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Phoenix

Phoenix Market Report

$713,110

AVERAGE PRICE OF 5,126 HOMES

$366,736

AVERAGE PRICE OF 25 DISTRESSED HOMES

$2,192,705

AVERAGE PRICE OF 719 MULTI-MILLION DOLLAR HOMES

$1,239,385

AVERAGE PRICE OF 342 NEWLY BUILT HOMES

$1,081,397

AVERAGE PRICE OF 1,286 HOMES WITH A POOL

$645,340

AVERAGE PRICE OF 331 REDUCED PRICE HOMES

Average Home

Average Price $713,110
Avg Bedrooms 2.83 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $426,710
2 bedrooms $368,003
3 bedrooms $553,054
4 bedrooms $836,819
5 bedrooms $1,476,492
Phoenix Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 4,909 5,303 5,290 4,985 4,685
Average Price n/a n/a n/a n/a n/a
Avg Price Change n/a n/a n/a n/a n/a
Median Price n/a n/a n/a n/a n/a
Med Price Change n/a n/a n/a n/a n/a
Avg Bedrooms 2.53 beds 2.57 beds 2.66 beds 2.56 beds 2.26 beds
Avg Bathrooms 1.91 baths 1.93 baths 1.92 baths 1.86 baths 1.73 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 420 $982,788 86 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,126 $713,110 86 days
Distressed Homes 25 $366,736 65 days
Multi-Million Dollar Homes 719 $2,192,705 104 days
Newly Built Homes 342 $1,239,385 111 days
Homes with a Pool 1,286 $1,081,397 78 days
Reduced Price Homes 331 $645,340 79 days
© 2025 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 Realty Executives are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them including the name of the listing brokers. All information is 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 ArizonaRegional Multiple Listing Service shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. January 21, 2025
Based on information submitted to the MLS GRID as of January 21, 2025 12 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
© 2025 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. January 21, 2025
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