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Phoenix

Phoenix Market Report

$358,166

AVERAGE PRICE OF 15 DISTRESSED HOMES

$1,972,452

AVERAGE PRICE OF 443 MULTI-MILLION DOLLAR HOMES

$1,034,916

AVERAGE PRICE OF 392 NEWLY BUILT HOMES

$1,037,993

AVERAGE PRICE OF 999 HOMES WITH A POOL

$743,048

AVERAGE PRICE OF 231 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 3.09 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $282,235
2 bedrooms $289,512
3 bedrooms $508,106
4 bedrooms $678,968
5 bedrooms $1,402,954
Phoenix Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 3,978 3,785 4,165 4,769 4,999
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 $439,831 $431,849 $426,893 $435,769 n/a
Med Price Change +1.85% +1.16% -2.08% n/a n/a
Avg Bedrooms 3.14 beds 3.08 beds 2.95 beds 3.04 beds 3.16 beds
Avg Bathrooms 2.35 baths 2.39 baths 2.3 baths 2.29 baths 2.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 218 $578,123 78 days
Camelback High School 321 $880,758 66 days
Central High School 351 $755,879 87 days
North High School 174 $671,957 67 days
Pinnacle High School 162 $787,886 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,622 n/a 72 days
Distressed Homes 15 $358,166 61 days
Multi-Million Dollar Homes 443 $1,972,452 91 days
Newly Built Homes 392 $1,034,916 118 days
Homes with a Pool 999 $1,037,993 95 days
Reduced Price Homes 231 $743,048 69 days
© 2023 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. March 30, 2023
© 2023 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. March 30, 2023
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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