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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

$535,258

AVERAGE PRICE OF 3,567 HOMES

$446,999

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,940,681

AVERAGE PRICE OF 282 MULTI-MILLION DOLLAR HOMES

$843,478

AVERAGE PRICE OF 279 NEWLY BUILT HOMES

$875,073

AVERAGE PRICE OF 867 HOMES WITH A POOL

$585,565

AVERAGE PRICE OF 118 REDUCED PRICE HOMES

Average Home

Average Price $535,258
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $248,676
2 bedrooms $325,268
3 bedrooms $455,773
4 bedrooms $670,749
5 bedrooms $952,943
Phoenix Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 3,657 3,520 3,399 3,476 3,397
Average Price $530,037 $536,052 $514,345 $495,160 $485,788
Avg Price Change -1.13% +4.22% +3.87% +1.93% +3.25%
Median Price $377,280 $372,193 $356,164 $346,653 $335,790
Med Price Change +1.37% +4.50% +2.74% +3.24% +1.75%
Avg Bedrooms 3.15 beds 3.19 beds 3.18 beds 3.17 beds 3.17 beds
Avg Bathrooms 2.33 baths 2.36 baths 2.34 baths 2.33 baths 2.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 185 $464,834 26 days
Camelback High School 351 $709,209 60 days
Central High School 299 $617,388 43 days
North High School 178 $487,107 59 days
Paradise Valley High School 172 $445,426 29 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,567 $535,258 41 days
Distressed Homes 7 $446,999 116 days
Multi-Million Dollar Homes 282 $1,940,681 88 days
Newly Built Homes 279 $843,478 132 days
Homes with a Pool 867 $875,073 36 days
Reduced Price Homes 118 $585,565 33 days
HomeSmart - StarPointe Group
8388 E Hartford Dr, Ste 100
Scottsdale, AZ 85255
602-730-1111

© 2021 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 & Greg Whipple - 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. June 23, 2021
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