If you need assistance, please call 602-291-0249

Phoenix Market Report

$692,231

AVERAGE PRICE OF 5,193 HOMES

$475,671

AVERAGE PRICE OF 23 DISTRESSED HOMES

$2,154,763

AVERAGE PRICE OF 694 MULTI-MILLION DOLLAR HOMES

$1,153,431

AVERAGE PRICE OF 358 NEWLY BUILT HOMES

$1,051,865

AVERAGE PRICE OF 1,266 HOMES WITH A POOL

$562,895

AVERAGE PRICE OF 246 REDUCED PRICE HOMES

Average Home

Average Price $692,231
Avg Bedrooms 2.79 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $399,030
2 bedrooms $361,439
3 bedrooms $540,680
4 bedrooms $808,603
5 bedrooms $1,509,955
Phoenix Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 5,294 5,284 4,981 4,682 4,602
Average Price $689,818 $687,856 $691,090 $688,107 $696,576
Avg Price Change +0.29% -0.47% +0.43% -1.23% -3.39%
Median Price $464,127 $470,210 $474,991 $478,870 $481,634
Med Price Change -1.31% -1.02% -0.82% -0.58% -2.01%
Avg Bedrooms 2.8 beds 2.81 beds 2.82 beds 2.84 beds 2.85 beds
Avg Bathrooms 2.18 baths 2.18 baths 2.19 baths 2.2 baths 2.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 400 $961,425 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,193 $692,231 83 days
Distressed Homes 23 $475,671 83 days
Multi-Million Dollar Homes 694 $2,154,763 104 days
Newly Built Homes 358 $1,153,431 118 days
Homes with a Pool 1,266 $1,051,865 77 days
Reduced Price Homes 246 $562,895 64 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

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© 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 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. December 1, 2024
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