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

Phoenix Market Report

$714,598

AVERAGE PRICE OF 4,744 HOMES

$626,116

AVERAGE PRICE OF 12 DISTRESSED HOMES

$2,092,589

AVERAGE PRICE OF 689 MULTI-MILLION DOLLAR HOMES

$1,068,710

AVERAGE PRICE OF 407 NEWLY BUILT HOMES

$1,042,395

AVERAGE PRICE OF 1,197 HOMES WITH A POOL

$681,729

AVERAGE PRICE OF 347 REDUCED PRICE HOMES

Average Home

Average Price $714,598
Avg Bedrooms 2.88 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $257,630
2 bedrooms $386,499
3 bedrooms $553,696
4 bedrooms $829,722
5 bedrooms $1,265,548
Phoenix Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 4,756 4,594 4,455 4,264 4,107
Average Price $737,276 $750,550 $736,069 $730,180 $729,886
Avg Price Change -1.80% +1.97% +0.81% +0.04% +0.84%
Median Price $498,255 $499,800 $498,422 $498,105 $492,122
Med Price Change -0.31% +0.28% +0.06% +1.22% -0.74%
Avg Bedrooms 2.87 beds 2.87 beds 2.87 beds 2.85 beds 2.82 beds
Avg Bathrooms 2.26 baths 2.26 baths 2.27 baths 2.24 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 396 $940,513 69 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,744 $714,598 68 days
Distressed Homes 12 $626,116 57 days
Multi-Million Dollar Homes 689 $2,092,589 89 days
Newly Built Homes 407 $1,068,710 103 days
Homes with a Pool 1,197 $1,042,395 64 days
Reduced Price Homes 347 $681,729 57 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. June 19, 2024
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