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Phoenix Market Report

$456,324

AVERAGE PRICE OF 5,000 HOMES

$390,222

AVERAGE PRICE OF 50 DISTRESSED HOMES

$1,878,447

AVERAGE PRICE OF 312 MULTI-MILLION DOLLAR HOMES

$645,839

AVERAGE PRICE OF 419 NEWLY BUILT HOMES

$711,481

AVERAGE PRICE OF 1,495 HOMES WITH A POOL

$484,734

AVERAGE PRICE OF 313 REDUCED PRICE HOMES

Average Home

Average Price $456,324
Avg Bedrooms 3.28 beds
Avg Bathrooms 2.43 baths

Average Price by Bedrooms

1 bedroom $184,479
2 bedrooms $260,854
3 bedrooms $370,546
4 bedrooms $541,469
5 bedrooms $900,707
Phoenix Home Price Trends
  3/2019 2/2019 1/2019 12/2018 11/2018
Total Listings 5,091 5,069 4,631 4,597 4,832
Average Price $444,956 $441,108 $440,228 $435,890 $431,102
Avg Price Change +0.87% +0.20% +1.00% +1.11% -1.38%
Median Price $316,992 $311,767 $312,504 $309,185 $306,936
Med Price Change +1.68% -0.24% +1.07% +0.73% -2.28%
Avg Bedrooms 3.28 beds 3.25 beds 3.24 beds 3.27 beds 3.28 beds
Avg Bathrooms 2.42 baths 2.39 baths 2.39 baths 2.43 baths 2.43 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 245 $1,393,693 101 days
Camelback High School 534 $624,969 86 days
Central High School 427 $462,261 85 days
North High School 275 $419,731 70 days
Pinnacle High School 240 $475,737 66 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,000 $456,324 69 days
Distressed Homes 50 $390,222 67 days
Multi-Million Dollar Homes 312 $1,878,447 134 days
Newly Built Homes 419 $645,839 92 days
Homes with a Pool 1,495 $711,481 73 days
Reduced Price Homes 313 $484,734 71 days
Stunning Homes Realty - The Zolin Group
Ryan Zolin
480-567-0734

© 2019 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 eXp 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. April 22, 2019
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