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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

$685,010

AVERAGE PRICE OF 5,181 HOMES

$369,012

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,052,369

AVERAGE PRICE OF 695 MULTI-MILLION DOLLAR HOMES

$1,084,137

AVERAGE PRICE OF 368 NEWLY BUILT HOMES

$1,002,504

AVERAGE PRICE OF 1,271 HOMES WITH A POOL

$673,459

AVERAGE PRICE OF 437 REDUCED PRICE HOMES

Average Home

Average Price $685,010
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $251,374
2 bedrooms $378,333
3 bedrooms $539,680
4 bedrooms $788,869
5 bedrooms $1,312,425
Phoenix Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 4,981 4,682 4,602 4,741 4,756
Average Price $691,090 $688,107 $696,576 $720,159 $737,276
Avg Price Change +0.43% -1.23% -3.39% -2.38% -1.80%
Median Price $474,991 $478,870 $481,634 $491,297 $498,255
Med Price Change -0.82% -0.58% -2.01% -1.42% -0.31%
Avg Bedrooms 2.82 beds 2.84 beds 2.85 beds 2.87 beds 2.87 beds
Avg Bathrooms 2.19 baths 2.2 baths 2.21 baths 2.24 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 391 $913,694 72 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,181 $685,010 74 days
Distressed Homes 18 $369,012 76 days
Multi-Million Dollar Homes 695 $2,052,369 92 days
Newly Built Homes 368 $1,084,137 123 days
Homes with a Pool 1,271 $1,002,504 67 days
Reduced Price Homes 437 $673,459 61 days
Platinum Living Realty
Bret Ceren
18281 North Pima Rd. Suite C100
Scottsdale, AZ 85255
480-248-1680

© 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 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. October 7, 2024
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