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Phoenix

Why you'd want to live in Phoenix

Phoenix is the capital of the southwestern U.S. state of Arizona. Known for its year-round sun and warm temperatures, it anchors a sprawling, multicity metropolitan area known as the Valley of the Sun. It's known for high-end spa resorts, Jack Nicklaus–designed golf courses and vibrant nightclubs. Other highlights include the Desert Botanical Garden, displaying cacti and numerous native plants. via google

Phoenix Market Report

$714,810

AVERAGE PRICE OF 6,565 HOMES

$511,289

AVERAGE PRICE OF 36 DISTRESSED HOMES

$2,142,893

AVERAGE PRICE OF 951 MULTI-MILLION DOLLAR HOMES

$1,123,275

AVERAGE PRICE OF 411 NEWLY BUILT HOMES

$1,079,190

AVERAGE PRICE OF 1,747 HOMES WITH A POOL

$735,688

AVERAGE PRICE OF 520 REDUCED PRICE HOMES

Average Home

Average Price $714,810
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $383,701
2 bedrooms $367,634
3 bedrooms $561,548
4 bedrooms $885,946
5 bedrooms $1,359,740
Phoenix Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 6,083 5,644 4,948 4,901 5,294
Average Price $723,272 $720,990 $702,886 $685,096 $689,818
Avg Price Change +0.32% +2.58% +2.60% -0.69% +0.29%
Median Price $483,739 $481,809 $472,766 $462,321 $464,127
Med Price Change +0.40% +1.91% +2.26% -0.39% -1.31%
Avg Bedrooms 2.84 beds 2.83 beds 2.82 beds 2.79 beds 2.8 beds
Avg Bathrooms 2.23 baths 2.22 baths 2.2 baths 2.18 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 549 $938,310 76 days
Total Homes Average Price Avg Days on Site
All Homes 6,565 $714,810 78 days
Distressed Homes 36 $511,289 67 days
Multi-Million Dollar Homes 951 $2,142,893 92 days
Newly Built Homes 411 $1,123,275 100 days
Homes with a Pool 1,747 $1,079,190 69 days
Reduced Price Homes 520 $735,688 64 days
ProSmart Realty
Christina Fox
1355 S Higley Rd, Suite 111
Gilbert, AZ 85296
480-825-6471

© 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 Christina Fox - Tierra Bella Realty 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. April 25, 2025
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