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Phoenix Market Report

$288,185

AVERAGE PRICE OF 9 DISTRESSED HOMES

$2,122,162

AVERAGE PRICE OF 736 MULTI-MILLION DOLLAR HOMES

$1,095,287

AVERAGE PRICE OF 421 NEWLY BUILT HOMES

$1,071,515

AVERAGE PRICE OF 1,267 HOMES WITH A POOL

$688,233

AVERAGE PRICE OF 318 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $276,984
2 bedrooms $389,515
3 bedrooms $481,498
4 bedrooms $651,639
5 bedrooms $1,335,893
Phoenix Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 4,595 4,455 4,265 4,108 3,942
Average Price n/a $736,069 n/a n/a n/a
Avg Price Change n/a n/a n/a n/a n/a
Median Price n/a $498,422 $498,113 $492,136 $495,792
Med Price Change n/a +0.06% +1.21% -0.74% -0.71%
Avg Bedrooms 2.02 beds 2.87 beds 3.42 beds 3.41 beds 3.4 beds
Avg Bathrooms 2.16 baths 2.27 baths 2.62 baths 2.6 baths 2.59 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 411 $998,358 65 days
Other 3 $381,333 19 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,815 n/a 43 days
Distressed Homes 9 $288,185 31 days
Multi-Million Dollar Homes 736 $2,122,162 85 days
Newly Built Homes 421 $1,095,287 97 days
Homes with a Pool 1,267 $1,071,515 62 days
Reduced Price Homes 318 $688,233 58 days
Realty One Group
Agent Collective
3100 W Ray Rd Suite 101
Chandler, AZ 85226
602-600-6500

© 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 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. May 29, 2024
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