If you need assistance, please call 602-448-8081

Phoenix Market Report

$690,143

AVERAGE PRICE OF 4,660 HOMES

$357,263

AVERAGE PRICE OF 14 DISTRESSED HOMES

$2,050,444

AVERAGE PRICE OF 636 MULTI-MILLION DOLLAR HOMES

$1,015,211

AVERAGE PRICE OF 408 NEWLY BUILT HOMES

$985,861

AVERAGE PRICE OF 1,148 HOMES WITH A POOL

$569,958

AVERAGE PRICE OF 310 REDUCED PRICE HOMES

Average Home

Average Price $690,143
Avg Bedrooms 2.84 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $249,278
2 bedrooms $371,262
3 bedrooms $547,104
4 bedrooms $793,364
5 bedrooms $1,290,044
Phoenix Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 4,741 4,756 4,594 4,455 4,264
Average Price $720,159 $737,276 $750,550 $736,069 $730,180
Avg Price Change -2.38% -1.80% +1.97% +0.81% +0.04%
Median Price $491,297 $498,255 $499,800 $498,422 $498,105
Med Price Change -1.42% -0.31% +0.28% +0.06% +1.22%
Avg Bedrooms 2.87 beds 2.87 beds 2.87 beds 2.87 beds 2.85 beds
Avg Bathrooms 2.24 baths 2.26 baths 2.26 baths 2.27 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 376 $671,635 95 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,660 $690,143 71 days
Distressed Homes 14 $357,263 57 days
Multi-Million Dollar Homes 636 $2,050,444 95 days
Newly Built Homes 408 $1,015,211 105 days
Homes with a Pool 1,148 $985,861 67 days
Reduced Price Homes 310 $569,958 54 days
Home Smart - Savvy Realty Group
Amy Richardson
6909 W Ray Rd #21
Chandler, AZ 85226
602-448-8081

© 2024 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 Amy Richardson - HomeSmart 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 20, 2024
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