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Phoenix Market Report

$533,754

AVERAGE PRICE OF 3,957 HOMES

$385,880

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,868,792

AVERAGE PRICE OF 278 MULTI-MILLION DOLLAR HOMES

$899,864

AVERAGE PRICE OF 302 NEWLY BUILT HOMES

$793,403

AVERAGE PRICE OF 1,041 HOMES WITH A POOL

$544,223

AVERAGE PRICE OF 176 REDUCED PRICE HOMES

Average Home

Average Price $533,754
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $250,142
2 bedrooms $356,232
3 bedrooms $470,520
4 bedrooms $653,232
5 bedrooms $952,850
Phoenix Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 3,802 3,635 3,586 3,657 3,520
Average Price $535,645 $536,664 $535,563 $530,037 $536,052
Avg Price Change -0.19% +0.21% +1.04% -1.13% +4.22%
Median Price $399,087 $398,910 $386,803 $377,280 $372,193
Med Price Change +0.04% +3.13% +2.52% +1.37% +4.50%
Avg Bedrooms 3.17 beds 3.19 beds 3.16 beds 3.15 beds 3.19 beds
Avg Bathrooms 2.28 baths 2.29 baths 2.29 baths 2.33 baths 2.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 205 $493,700 30 days
Camelback High School 319 $653,967 60 days
Central High School 312 $604,070 51 days
North High School 197 $525,211 58 days
South Mountain High School 185 $428,001 34 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,957 $533,754 42 days
Distressed Homes 10 $385,880 63 days
Multi-Million Dollar Homes 278 $1,868,792 85 days
Newly Built Homes 302 $899,864 122 days
Homes with a Pool 1,041 $793,403 37 days
Reduced Price Homes 176 $544,223 38 days
HomeSmart
Cecilia Marie, Realtor
5225 N. Central Avenue, Suite 104
Phoenix, AZ 85012
602-291-0249
Michael Radcliffe - Radcliffe Mortgage Group
Senior Loan Officer
NMLS# 1212033
480-272-0845
Michael.Radcliffe@novahomeloans.com

© 2021 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 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. September 18, 2021
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