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Phoenix Market Report

$728,162

AVERAGE PRICE OF 4,399 HOMES

$595,933

AVERAGE PRICE OF 9 DISTRESSED HOMES

$2,124,270

AVERAGE PRICE OF 652 MULTI-MILLION DOLLAR HOMES

$1,044,387

AVERAGE PRICE OF 439 NEWLY BUILT HOMES

$1,106,921

AVERAGE PRICE OF 1,156 HOMES WITH A POOL

$693,669

AVERAGE PRICE OF 290 REDUCED PRICE HOMES

Average Home

Average Price $728,162
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $262,966
2 bedrooms $402,581
3 bedrooms $558,081
4 bedrooms $864,197
5 bedrooms $1,419,884
Phoenix Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 4,107 3,941 3,997 3,796 3,655
Average Price $729,886 $723,807 $727,883 $731,006 $725,167
Avg Price Change +0.84% -0.56% -0.43% +0.81% n/a
Median Price $492,122 $495,779 $499,306 $499,449 $499,060
Med Price Change -0.74% -0.71% -0.03% +0.08% n/a
Avg Bedrooms 2.82 beds 2.8 beds 2.79 beds 2.77 beds 2.76 beds
Avg Bathrooms 2.2 baths 2.18 baths 2.18 baths 2.17 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 379 $991,577 61 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,399 $728,162 64 days
Distressed Homes 9 $595,933 63 days
Multi-Million Dollar Homes 652 $2,124,270 74 days
Newly Built Homes 439 $1,044,387 87 days
Homes with a Pool 1,156 $1,106,921 58 days
Reduced Price Homes 290 $693,669 56 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. February 26, 2024
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