Phoenix Market Report

$691,552

AVERAGE PRICE OF 3,163 HOMES

AVERAGE PRICE OF 17 DISTRESSED HOMES

AVERAGE PRICE OF 433 MULTI-MILLION DOLLAR HOMES

AVERAGE PRICE OF 369 NEWLY BUILT HOMES

AVERAGE PRICE OF 875 HOMES WITH A POOL

AVERAGE PRICE OF 182 REDUCED PRICE HOMES

Phoenix Home Price Trends

	5/2023	4/2023	3/2023	2/2023	1/2023
Total Listings	3,388	3,548	3,689	3,976	3,783
Average Price	$683,027	$665,305	$645,069	$613,869	$588,099
Avg Price Change	+2.66%	+3.14%	+5.08%	+4.38%	+3.16%
Median Price	$481,999	$470,389	$452,788	$439,836	$431,843
Med Price Change	+2.47%	+3.89%	+2.94%	+1.85%	+1.16%
Avg Bedrooms	3.19 beds	3.18 beds	3.17 beds	3.16 beds	3.16 beds
Avg Bathrooms	2.43 baths	2.37 baths	2.34 baths	2.31 baths	2.28 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Barry Goldwater High School	182	$575,982	65 days
Camelback High School	312	$928,992	64 days
Central High School	312	$744,956	105 days
North High School	153	$776,021	74 days
Pinnacle High School	137	$813,648	52 days

Home Price by House Size