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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

$508,228

AVERAGE PRICE OF 3,370 HOMES

$345,937

AVERAGE PRICE OF 12 DISTRESSED HOMES

$1,992,703

AVERAGE PRICE OF 268 MULTI-MILLION DOLLAR HOMES

$753,613

AVERAGE PRICE OF 299 NEWLY BUILT HOMES

$873,463

AVERAGE PRICE OF 814 HOMES WITH A POOL

$519,186

AVERAGE PRICE OF 73 REDUCED PRICE HOMES

Average Home

Average Price $508,228
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $223,480
2 bedrooms $293,896
3 bedrooms $415,842
4 bedrooms $633,329
5 bedrooms $1,026,556
Phoenix Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings 3,476 3,397 3,858 4,397 4,515
Average Price $495,160 $485,788 $470,486 $469,947 $472,082
Avg Price Change +1.93% +3.25% +0.11% -0.45% -0.82%
Median Price $346,653 $335,790 $330,029 $333,403 $335,291
Med Price Change +3.24% +1.75% -1.02% -0.57% -0.17%
Avg Bedrooms 3.17 beds 3.17 beds 3.17 beds 3.19 beds 3.21 beds
Avg Bathrooms 2.33 baths 2.34 baths 2.33 baths 2.34 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 157 $415,821 35 days
Camelback High School 369 $769,408 57 days
Central High School 280 $482,610 47 days
North High School 179 $453,987 59 days
Paradise Valley High School 144 $397,880 30 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,370 $508,228 44 days
Distressed Homes 12 $345,937 96 days
Multi-Million Dollar Homes 268 $1,992,703 93 days
Newly Built Homes 299 $753,613 118 days
Homes with a Pool 814 $873,463 41 days
Reduced Price Homes 73 $519,186 29 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. March 8, 2021
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