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Phoenix

Why you'd want to live in Phoenix

Phoenix is the capital of the southwestern U.S. state of Arizona. Known for its year-round sun and warm temperatures, it anchors a sprawling, multicity metropolitan area known as the Valley of the Sun. It's known for high-end spa resorts, Jack Nicklaus–designed golf courses and vibrant nightclubs. Other highlights include the Desert Botanical Garden, displaying cacti and numerous native plants. via Google

Phoenix Market Report

$555,286

AVERAGE PRICE OF 3,631 HOMES

$323,629

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,871,467

AVERAGE PRICE OF 268 MULTI-MILLION DOLLAR HOMES

$830,033

AVERAGE PRICE OF 300 NEWLY BUILT HOMES

$816,013

AVERAGE PRICE OF 977 HOMES WITH A POOL

$586,062

AVERAGE PRICE OF 114 REDUCED PRICE HOMES

Average Home

Average Price $555,286
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $234,135
2 bedrooms $337,365
3 bedrooms $478,631
4 bedrooms $686,100
5 bedrooms $1,000,212
Phoenix Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings 3,828 3,903 3,892 3,802 3,635
Average Price $556,985 $550,265 $537,338 $535,645 $536,664
Avg Price Change +1.22% +2.41% +0.32% -0.19% +0.21%
Median Price $424,830 $419,381 $405,161 $399,087 $398,910
Med Price Change +1.30% +3.51% +1.52% +0.04% +3.13%
Avg Bedrooms 3.2 beds 3.2 beds 3.19 beds 3.17 beds 3.19 beds
Avg Bathrooms 2.29 baths 2.28 baths 2.28 baths 2.28 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 174 $502,299 37 days
Camelback High School 271 $793,704 65 days
Central High School 279 $607,253 66 days
North High School 194 $572,968 77 days
South Mountain High School 167 $458,711 39 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,631 $555,286 48 days
Distressed Homes 16 $323,629 63 days
Multi-Million Dollar Homes 268 $1,871,467 84 days
Newly Built Homes 300 $830,033 117 days
Homes with a Pool 977 $816,013 45 days
Reduced Price Homes 114 $586,062 41 days
Corcoran Platinum Living
Bret Ceren
18281 North Pima Rd. Suite C100
Scottsdale, AZ 85255
480-248-1680

© 2021 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 Bret Ceren - Jay Macklin - Select Expansion 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. December 4, 2021
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