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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

$688,422

AVERAGE PRICE OF 5,069 HOMES

$357,974

AVERAGE PRICE OF 19 DISTRESSED HOMES

$2,093,347

AVERAGE PRICE OF 671 MULTI-MILLION DOLLAR HOMES

$1,072,357

AVERAGE PRICE OF 394 NEWLY BUILT HOMES

$1,010,342

AVERAGE PRICE OF 1,226 HOMES WITH A POOL

$635,577

AVERAGE PRICE OF 405 REDUCED PRICE HOMES

Average Home

Average Price $688,422
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $249,520
2 bedrooms $376,572
3 bedrooms $536,965
4 bedrooms $793,024
5 bedrooms $1,339,386
Phoenix Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 4,682 4,602 4,741 4,756 4,594
Average Price $688,107 $696,576 $720,159 $737,276 $750,550
Avg Price Change -1.23% -3.39% -2.38% -1.80% +1.97%
Median Price $478,870 $481,634 $491,297 $498,255 $499,800
Med Price Change -0.58% -2.01% -1.42% -0.31% +0.28%
Avg Bedrooms 2.84 beds 2.85 beds 2.87 beds 2.87 beds 2.87 beds
Avg Bathrooms 2.2 baths 2.21 baths 2.24 baths 2.26 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 375 $946,333 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,069 $688,422 75 days
Distressed Homes 19 $357,974 75 days
Multi-Million Dollar Homes 671 $2,093,347 96 days
Newly Built Homes 394 $1,072,357 118 days
Homes with a Pool 1,226 $1,010,342 68 days
Reduced Price Homes 405 $635,577 60 days
ProSmart Realty
Christina Fox
1355 S Higley Rd, Suite 111
Gilbert, AZ 85296
480-825-6471

© 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 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. September 20, 2024
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