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Phoenix Market Report

$696,416

AVERAGE PRICE OF 4,844 HOMES

$394,523

AVERAGE PRICE OF 22 DISTRESSED HOMES

$2,140,869

AVERAGE PRICE OF 662 MULTI-MILLION DOLLAR HOMES

$1,129,418

AVERAGE PRICE OF 321 NEWLY BUILT HOMES

$1,039,067

AVERAGE PRICE OF 1,200 HOMES WITH A POOL

$594,268

AVERAGE PRICE OF 361 REDUCED PRICE HOMES

Average Home

Average Price $696,416
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $426,997
2 bedrooms $367,316
3 bedrooms $539,906
4 bedrooms $817,442
5 bedrooms $1,463,127
Phoenix Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 4,901 5,294 5,285 4,982 4,683
Average Price $685,096 $689,818 n/a n/a n/a
Avg Price Change -0.69% n/a n/a n/a n/a
Median Price $462,321 $464,127 n/a n/a n/a
Med Price Change -0.39% n/a n/a n/a n/a
Avg Bedrooms 2.79 beds 2.8 beds 2.4 beds 1.91 beds 2.1 beds
Avg Bathrooms 2.18 baths 2.18 baths 2.09 baths 2.09 baths 2.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 384 $967,527 90 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,844 $696,416 88 days
Distressed Homes 22 $394,523 67 days
Multi-Million Dollar Homes 662 $2,140,869 108 days
Newly Built Homes 321 $1,129,418 113 days
Homes with a Pool 1,200 $1,039,067 81 days
Reduced Price Homes 361 $594,268 77 days
Realty One Group
Agent Collective
3100 W Ray Rd Suite 101
Chandler, AZ 85226
602-600-6500

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© 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 Geoff Adams - Realty One Group 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. January 14, 2025
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Geoff Adams - Realty One Group are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.
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