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Phoenix Market Report

$471,012

AVERAGE PRICE OF 4,486 HOMES

$458,728

AVERAGE PRICE OF 51 DISTRESSED HOMES

$1,924,461

AVERAGE PRICE OF 294 MULTI-MILLION DOLLAR HOMES

$672,517

AVERAGE PRICE OF 433 NEWLY BUILT HOMES

$733,505

AVERAGE PRICE OF 1,350 HOMES WITH A POOL

$489,146

AVERAGE PRICE OF 291 REDUCED PRICE HOMES

Average Home

Average Price $471,012
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

1 bedroom $182,413
2 bedrooms $271,203
3 bedrooms $376,139
4 bedrooms $538,162
5 bedrooms $925,331
Phoenix Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 4,776 5,042 5,091 5,069 4,631
Average Price $466,124 $454,177 $444,956 $441,108 $440,228
Avg Price Change +2.63% +2.07% +0.87% +0.20% +1.00%
Median Price $335,131 $324,184 $316,992 $311,767 $312,504
Med Price Change +3.38% +2.27% +1.68% -0.24% +1.07%
Avg Bedrooms 3.31 beds 3.28 beds 3.28 beds 3.25 beds 3.24 beds
Avg Bathrooms 2.46 baths 2.43 baths 2.42 baths 2.39 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 226 $1,465,807 98 days
Barry Goldwater High School 236 $386,383 52 days
Camelback High School 500 $602,688 86 days
Central High School 409 $458,142 86 days
North High School 223 $431,507 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,486 $471,012 69 days
Distressed Homes 51 $458,728 73 days
Multi-Million Dollar Homes 294 $1,924,461 130 days
Newly Built Homes 433 $672,517 86 days
Homes with a Pool 1,350 $733,505 73 days
Reduced Price Homes 291 $489,146 70 days
Myriad Real Estate - My Home Group
Daniel Brown
2600 N Central Ave Suite 725
Phoenix, AZ 85004
480-707-2934

© 2019 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 My Home 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. June 20, 2019