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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 phoenix.gov

Phoenix Market Report

$733,735

AVERAGE PRICE OF 3,616 HOMES

$528,428

AVERAGE PRICE OF 11 DISTRESSED HOMES

$2,101,305

AVERAGE PRICE OF 555 MULTI-MILLION DOLLAR HOMES

$1,055,354

AVERAGE PRICE OF 409 NEWLY BUILT HOMES

$1,061,667

AVERAGE PRICE OF 890 HOMES WITH A POOL

$650,797

AVERAGE PRICE OF 248 REDUCED PRICE HOMES

Average Home

Average Price $733,735
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $267,766
2 bedrooms $386,755
3 bedrooms $568,600
4 bedrooms $853,905
5 bedrooms $1,302,680
Phoenix Home Price Trends
  9/2023 8/2023 7/2023 6/2023 5/2023
Total Listings 3,655 n/a n/a n/a n/a
Average Price $725,167 n/a n/a n/a n/a
Avg Price Change n/a n/a n/a n/a n/a
Median Price $499,060 n/a n/a n/a n/a
Med Price Change n/a n/a n/a n/a n/a
Avg Bedrooms 2.76 beds n/a n/a n/a n/a
Avg Bathrooms 2.16 baths n/a n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 180 $605,057 13 days
Camelback High School 292 $974,317 13 days
Central High School 334 $708,554 13 days
North High School 174 $713,168 12 days
Pinnacle High School 176 $809,392 12 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,616 $733,735 13 days
Distressed Homes 11 $528,428 13 days
Multi-Million Dollar Homes 555 $2,101,305 13 days
Newly Built Homes 409 $1,055,354 13 days
Homes with a Pool 890 $1,061,667 12 days
Reduced Price Homes 248 $650,797 14 days
HomeSmart - StarPointe Group
8388 E Hartford Dr, Ste 100
Scottsdale, AZ 85255
602-730-1111

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
© 2023 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 David Ellison - HomeSmart - StarPointe Group 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. October 1, 2023
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