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Phoenix

Phoenix Market Report

$725,624

AVERAGE PRICE OF 6,116 HOMES

$470,092

AVERAGE PRICE OF 34 DISTRESSED HOMES

$2,191,920

AVERAGE PRICE OF 888 MULTI-MILLION DOLLAR HOMES

$1,146,909

AVERAGE PRICE OF 400 NEWLY BUILT HOMES

$1,096,919

AVERAGE PRICE OF 1,613 HOMES WITH A POOL

$675,110

AVERAGE PRICE OF 462 REDUCED PRICE HOMES

Average Home

Average Price $725,624
Avg Bedrooms 2.85 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $384,740
2 bedrooms $371,620
3 bedrooms $566,221
4 bedrooms $906,321
5 bedrooms $1,349,258
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 513 $976,984 77 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 6,116 $725,624 79 days
Distressed Homes 34 $470,092 54 days
Multi-Million Dollar Homes 888 $2,191,920 94 days
Newly Built Homes 400 $1,146,909 102 days
Homes with a Pool 1,613 $1,096,919 68 days
Reduced Price Homes 462 $675,110 64 days
Team Minik | West USA Realty
Michelle Minik
2920 N Litchfield Rd. Ste 100
Goodyear, AZ 85395
623-777-5810
Team Minik BBB Business Review




© 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 Michelle Minik - Winback - West USA Realty 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 18, 2025
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