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Phoenix Market Report

$752,078

AVERAGE PRICE OF 4,626 HOMES

$498,250

AVERAGE PRICE OF 10 DISTRESSED HOMES

$2,156,132

AVERAGE PRICE OF 741 MULTI-MILLION DOLLAR HOMES

$1,163,552

AVERAGE PRICE OF 406 NEWLY BUILT HOMES

$1,088,470

AVERAGE PRICE OF 1,273 HOMES WITH A POOL

$731,766

AVERAGE PRICE OF 396 REDUCED PRICE HOMES

Average Home

Average Price $752,078
Avg Bedrooms 2.88 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $271,576
2 bedrooms $398,741
3 bedrooms $574,959
4 bedrooms $864,724
5 bedrooms $1,345,579
Phoenix Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 4,455 4,264 4,107 3,941 3,997
Average Price $736,069 $730,180 $729,886 $723,807 $727,883
Avg Price Change +0.81% +0.04% +0.84% -0.56% -0.43%
Median Price $498,422 $498,105 $492,122 $495,779 $499,306
Med Price Change +0.06% +1.22% -0.74% -0.71% -0.03%
Avg Bedrooms 2.87 beds 2.85 beds 2.82 beds 2.8 beds 2.79 beds
Avg Bathrooms 2.27 baths 2.24 baths 2.2 baths 2.18 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 409 $979,707 61 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,626 $752,078 63 days
Distressed Homes 10 $498,250 29 days
Multi-Million Dollar Homes 741 $2,156,132 78 days
Newly Built Homes 406 $1,163,552 94 days
Homes with a Pool 1,273 $1,088,470 58 days
Reduced Price Homes 396 $731,766 58 days
Karen Abinet Homes in Motion Realty
Karen Abinet
6951 W. Rose Garden Ln
Glendale, AZ
602-793-3165

© 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 Karen Abinet- MyHomeGroup Ltd 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. April 14, 2024
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