If you need assistance, please call 480-707-2934

Phoenix Market Report

$471,737

AVERAGE PRICE OF 3,741 HOMES

$402,478

AVERAGE PRICE OF 44 DISTRESSED HOMES

$1,883,126

AVERAGE PRICE OF 256 MULTI-MILLION DOLLAR HOMES

$720,170

AVERAGE PRICE OF 353 NEWLY BUILT HOMES

$752,705

AVERAGE PRICE OF 1,062 HOMES WITH A POOL

$516,017

AVERAGE PRICE OF 246 REDUCED PRICE HOMES

Average Home

Average Price $471,737
Avg Bedrooms 3.26 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $191,079
2 bedrooms $288,442
3 bedrooms $382,520
4 bedrooms $560,105
5 bedrooms $901,090
Phoenix Home Price Trends
  8/2019 7/2019 6/2019 5/2019 4/2019
Total Listings 3,863 4,134 4,537 4,776 5,042
Average Price $465,160 $463,295 $469,717 $466,124 $454,177
Avg Price Change +0.40% -1.39% +0.77% +2.63% +2.07%
Median Price $337,230 $339,425 $339,921 $335,131 $324,184
Med Price Change -0.65% -0.15% +1.43% +3.38% +2.27%
Avg Bedrooms 3.28 beds 3.28 beds 3.31 beds 3.31 beds 3.28 beds
Avg Bathrooms 2.43 baths 2.43 baths 2.47 baths 2.46 baths 2.43 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 191 $1,397,029 99 days
Barry Goldwater High School 189 $371,963 53 days
Camelback High School 410 $637,629 86 days
Central High School 370 $462,587 91 days
North High School 189 $435,545 71 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,741 $471,737 67 days
Distressed Homes 44 $402,478 81 days
Multi-Million Dollar Homes 256 $1,883,126 133 days
Newly Built Homes 353 $720,170 90 days
Homes with a Pool 1,062 $752,705 75 days
Reduced Price Homes 246 $516,017 61 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. September 18, 2019