If you need assistance, please call 480-248-1680

Phoenix Market Report

$721,576

AVERAGE PRICE OF 5,655 HOMES

$383,293

AVERAGE PRICE OF 32 DISTRESSED HOMES

$2,191,015

AVERAGE PRICE OF 819 MULTI-MILLION DOLLAR HOMES

$1,153,438

AVERAGE PRICE OF 351 NEWLY BUILT HOMES

$1,092,894

AVERAGE PRICE OF 1,475 HOMES WITH A POOL

$664,973

AVERAGE PRICE OF 433 REDUCED PRICE HOMES

Average Home

Average Price $721,576
Avg Bedrooms 2.83 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $392,555
2 bedrooms $376,384
3 bedrooms $566,954
4 bedrooms $884,974
5 bedrooms $1,380,624
Phoenix Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 4,948 4,901 5,294 5,284 4,981
Average Price $702,886 $685,096 $689,818 $687,856 $691,090
Avg Price Change +2.60% -0.69% +0.29% -0.47% +0.43%
Median Price $472,766 $462,321 $464,127 $470,210 $474,991
Med Price Change +2.26% -0.39% -1.31% -1.02% -0.82%
Avg Bedrooms 2.82 beds 2.79 beds 2.8 beds 2.81 beds 2.82 beds
Avg Bathrooms 2.2 baths 2.18 baths 2.18 baths 2.18 baths 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 475 $978,282 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,655 $721,576 81 days
Distressed Homes 32 $383,293 64 days
Multi-Million Dollar Homes 819 $2,191,015 97 days
Newly Built Homes 351 $1,153,438 114 days
Homes with a Pool 1,475 $1,092,894 71 days
Reduced Price Homes 433 $664,973 70 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. February 15, 2025
This site powered by CINC: www.cincpro.com