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Phoenix

Phoenix Market Report

$717,027

AVERAGE PRICE OF 4,769 HOMES

$471,339

AVERAGE PRICE OF 10 DISTRESSED HOMES

$2,099,358

AVERAGE PRICE OF 695 MULTI-MILLION DOLLAR HOMES

$1,061,115

AVERAGE PRICE OF 411 NEWLY BUILT HOMES

$1,049,297

AVERAGE PRICE OF 1,205 HOMES WITH A POOL

$726,003

AVERAGE PRICE OF 372 REDUCED PRICE HOMES

Average Home

Average Price $717,027
Avg Bedrooms 2.89 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $260,942
2 bedrooms $388,423
3 bedrooms $552,632
4 bedrooms $827,552
5 bedrooms $1,265,265
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 399 $940,628 66 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,769 $717,027 67 days
Distressed Homes 10 $471,339 58 days
Multi-Million Dollar Homes 695 $2,099,358 87 days
Newly Built Homes 411 $1,061,115 101 days
Homes with a Pool 1,205 $1,049,297 63 days
Reduced Price Homes 372 $726,003 59 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

© 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 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. June 16, 2024
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