If you need assistance, please call 480-825-6471

Phoenix Market Report

$706,625

AVERAGE PRICE OF 6,370 HOMES

$463,031

AVERAGE PRICE OF 40 DISTRESSED HOMES

$2,141,003

AVERAGE PRICE OF 901 MULTI-MILLION DOLLAR HOMES

$1,226,143

AVERAGE PRICE OF 385 NEWLY BUILT HOMES

$1,053,033

AVERAGE PRICE OF 1,683 HOMES WITH A POOL

$667,248

AVERAGE PRICE OF 481 REDUCED PRICE HOMES

Average Home

Average Price $706,625
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $395,039
2 bedrooms $348,142
3 bedrooms $558,083
4 bedrooms $860,604
5 bedrooms $1,327,783
Phoenix Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 6,499 6,338 6,083 5,644 4,948
Average Price $719,952 $714,656 $723,272 $720,990 $702,886
Avg Price Change +0.74% -1.21% +0.32% +2.58% +2.60%
Median Price $479,618 $477,084 $483,739 $481,809 $472,766
Med Price Change +0.53% -1.39% +0.40% +1.91% +2.26%
Avg Bedrooms 2.87 beds 2.85 beds 2.84 beds 2.83 beds 2.82 beds
Avg Bathrooms 2.25 baths 2.24 baths 2.23 baths 2.22 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 525 $893,479 83 days
Total Homes Average Price Avg Days on Site
All Homes 6,370 $706,625 86 days
Distressed Homes 40 $463,031 82 days
Multi-Million Dollar Homes 901 $2,141,003 102 days
Newly Built Homes 385 $1,226,143 106 days
Homes with a Pool 1,683 $1,053,033 77 days
Reduced Price Homes 481 $667,248 71 days
ProSmart Realty
Christina Fox
1355 S Higley Rd, Suite 111
Gilbert, AZ 85296
480-825-6471

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© 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. June 23, 2025
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