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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

$720,959

AVERAGE PRICE OF 6,249 HOMES

$457,884

AVERAGE PRICE OF 37 DISTRESSED HOMES

$2,184,530

AVERAGE PRICE OF 900 MULTI-MILLION DOLLAR HOMES

$1,120,995

AVERAGE PRICE OF 410 NEWLY BUILT HOMES

$1,093,872

AVERAGE PRICE OF 1,636 HOMES WITH A POOL

$668,164

AVERAGE PRICE OF 563 REDUCED PRICE HOMES

Average Home

Average Price $720,959
Avg Bedrooms 2.85 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $383,203
2 bedrooms $370,051
3 bedrooms $561,686
4 bedrooms $902,283
5 bedrooms $1,367,414
Phoenix Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 5,644 4,948 4,901 5,294 5,284
Average Price $720,990 $702,886 $685,096 $689,818 $687,856
Avg Price Change +2.58% +2.60% -0.69% +0.29% -0.47%
Median Price $481,809 $472,766 $462,321 $464,127 $470,210
Med Price Change +1.91% +2.26% -0.39% -1.31% -1.02%
Avg Bedrooms 2.83 beds 2.82 beds 2.79 beds 2.8 beds 2.81 beds
Avg Bathrooms 2.22 baths 2.2 baths 2.18 baths 2.18 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 512 $967,963 79 days
Total Homes Average Price Avg Days on Site
All Homes 6,249 $720,959 80 days
Distressed Homes 37 $457,884 51 days
Multi-Million Dollar Homes 900 $2,184,530 94 days
Newly Built Homes 410 $1,120,995 102 days
Homes with a Pool 1,636 $1,093,872 69 days
Reduced Price Homes 563 $668,164 72 days
Platinum Living Realty
Bret Ceren
18281 North Pima Rd. Suite C100
Scottsdale, AZ 85255
480-248-1680

© 2025 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. March 26, 2025
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