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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

$683,280

AVERAGE PRICE OF 5,048 HOMES

$510,346

AVERAGE PRICE OF 22 DISTRESSED HOMES

$2,128,307

AVERAGE PRICE OF 662 MULTI-MILLION DOLLAR HOMES

$1,167,326

AVERAGE PRICE OF 356 NEWLY BUILT HOMES

$1,024,758

AVERAGE PRICE OF 1,217 HOMES WITH A POOL

$581,776

AVERAGE PRICE OF 430 REDUCED PRICE HOMES

Average Home

Average Price $683,280
Avg Bedrooms 2.8 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $405,042
2 bedrooms $362,554
3 bedrooms $535,904
4 bedrooms $789,400
5 bedrooms $1,520,316
Phoenix Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 5,294 5,284 4,981 4,682 4,602
Average Price $689,818 $687,856 $691,090 $688,107 $696,576
Avg Price Change +0.29% -0.47% +0.43% -1.23% -3.39%
Median Price $464,127 $470,210 $474,991 $478,870 $481,634
Med Price Change -1.31% -1.02% -0.82% -0.58% -2.01%
Avg Bedrooms 2.8 beds 2.81 beds 2.82 beds 2.84 beds 2.85 beds
Avg Bathrooms 2.18 baths 2.18 baths 2.19 baths 2.2 baths 2.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 379 $959,277 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,048 $683,280 86 days
Distressed Homes 22 $510,346 64 days
Multi-Million Dollar Homes 662 $2,128,307 108 days
Newly Built Homes 356 $1,167,326 120 days
Homes with a Pool 1,217 $1,024,758 80 days
Reduced Price Homes 430 $581,776 76 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. December 12, 2024
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