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Phoenix Market Report

$686,285

AVERAGE PRICE OF 5,826 HOMES

$346,704

AVERAGE PRICE OF 53 DISTRESSED HOMES

$2,115,042

AVERAGE PRICE OF 822 MULTI-MILLION DOLLAR HOMES

$1,306,956

AVERAGE PRICE OF 362 NEWLY BUILT HOMES

$1,156,140

AVERAGE PRICE OF 1,266 HOMES WITH A POOL

$651,156

AVERAGE PRICE OF 456 REDUCED PRICE HOMES

Average Home

Average Price $686,285
Avg Bedrooms 2.81 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $240,891
2 bedrooms $344,785
3 bedrooms $535,602
4 bedrooms $836,715
5 bedrooms $1,489,446
Phoenix Home Price Trends
  10/2025 9/2025 8/2025 7/2025 6/2025
Total Listings 5,853 5,739 5,782 6,025 6,336
Average Price $686,438 $674,068 $668,439 $683,775 $711,151
Avg Price Change +1.84% +0.84% -2.29% -4.00% -1.24%
Median Price $462,125 $459,360 $460,230 $467,112 $477,365
Med Price Change +0.60% -0.19% -1.50% -2.19% -0.47%
Avg Bedrooms 2.8 beds 2.8 beds 2.81 beds 2.85 beds 2.88 beds
Avg Bathrooms 2.2 baths 2.18 baths 2.18 baths 2.21 baths 2.25 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 511 $894,143 91 days
Total Homes Average Price Avg Days on Site
All Homes 5,826 $686,285 96 days
Distressed Homes 53 $346,704 73 days
Multi-Million Dollar Homes 822 $2,115,042 112 days
Newly Built Homes 362 $1,306,956 114 days
Homes with a Pool 1,266 $1,156,140 85 days
Reduced Price Homes 456 $651,156 80 days
HomeSmart
Cecilia Marie, Realtor
5225 N. Central Avenue, Suite 104
Phoenix, AZ 85012
602-291-0249
Michael Radcliffe - Radcliffe Mortgage Team
Senior Loan Officer
NMLS# 1212033
480-272-0845
Michael@radcliffemortgageteam.com

© 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 Cecilia Marie - HomeSmart 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. November 8, 2025
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