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Phoenix Market Report

$687,769

AVERAGE PRICE OF 4,928 HOMES

$377,025

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,061,618

AVERAGE PRICE OF 659 MULTI-MILLION DOLLAR HOMES

$1,046,694

AVERAGE PRICE OF 388 NEWLY BUILT HOMES

$998,741

AVERAGE PRICE OF 1,219 HOMES WITH A POOL

$613,328

AVERAGE PRICE OF 413 REDUCED PRICE HOMES

Average Home

Average Price $687,769
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $245,688
2 bedrooms $371,386
3 bedrooms $535,476
4 bedrooms $797,436
5 bedrooms $1,266,577
Phoenix Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 4,682 4,602 4,741 4,756 4,594
Average Price $688,107 $696,576 $720,159 $737,276 $750,550
Avg Price Change -1.23% -3.39% -2.38% -1.80% +1.97%
Median Price $478,870 $481,634 $491,297 $498,255 $499,800
Med Price Change -0.58% -2.01% -1.42% -0.31% +0.28%
Avg Bedrooms 2.84 beds 2.85 beds 2.87 beds 2.87 beds 2.87 beds
Avg Bathrooms 2.2 baths 2.21 baths 2.24 baths 2.26 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 369 $673,749 106 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,928 $687,769 75 days
Distressed Homes 18 $377,025 76 days
Multi-Million Dollar Homes 659 $2,061,618 95 days
Newly Built Homes 388 $1,046,694 118 days
Homes with a Pool 1,219 $998,741 68 days
Reduced Price Homes 413 $613,328 63 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




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© 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. September 10, 2024
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