If you need assistance, please call 602-810-0714

Phoenix Market Report

$690,143

AVERAGE PRICE OF 4,660 HOMES

$357,263

AVERAGE PRICE OF 14 DISTRESSED HOMES

$2,050,444

AVERAGE PRICE OF 636 MULTI-MILLION DOLLAR HOMES

$1,015,211

AVERAGE PRICE OF 408 NEWLY BUILT HOMES

$985,861

AVERAGE PRICE OF 1,148 HOMES WITH A POOL

$573,086

AVERAGE PRICE OF 290 REDUCED PRICE HOMES

Average Home

Average Price $690,143
Avg Bedrooms 2.84 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $249,278
2 bedrooms $371,262
3 bedrooms $547,104
4 bedrooms $793,364
5 bedrooms $1,290,044
Phoenix Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 4,741 4,756 4,594 4,455 4,264
Average Price $720,159 $737,276 $750,550 $736,069 $730,180
Avg Price Change -2.38% -1.80% +1.97% +0.81% +0.04%
Median Price $491,297 $498,255 $499,800 $498,422 $498,105
Med Price Change -1.42% -0.31% +0.28% +0.06% +1.22%
Avg Bedrooms 2.87 beds 2.87 beds 2.87 beds 2.87 beds 2.85 beds
Avg Bathrooms 2.24 baths 2.26 baths 2.26 baths 2.27 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 376 $671,635 96 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,660 $690,143 72 days
Distressed Homes 14 $357,263 58 days
Multi-Million Dollar Homes 636 $2,050,444 96 days
Newly Built Homes 408 $1,015,211 106 days
Homes with a Pool 1,148 $985,861 68 days
Reduced Price Homes 290 $573,086 55 days
Launch | Compass
Deandre Wright
4222 North Marshall Way
Phoenix, AZ 85251
602-810-0714
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Casey Cutter
Homeowners Financial
480-510-5413
casey@homeownersfg.com

© 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 Deandre Wright* Compass 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. July 21, 2024
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