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Phoenix Market Report

$559,496

AVERAGE PRICE OF 3,747 HOMES

$353,122

AVERAGE PRICE OF 17 DISTRESSED HOMES

$1,873,129

AVERAGE PRICE OF 285 MULTI-MILLION DOLLAR HOMES

$831,146

AVERAGE PRICE OF 307 NEWLY BUILT HOMES

$822,165

AVERAGE PRICE OF 1,013 HOMES WITH A POOL

$622,009

AVERAGE PRICE OF 63 REDUCED PRICE HOMES

Average Home

Average Price $559,496
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $246,085
2 bedrooms $340,465
3 bedrooms $480,481
4 bedrooms $704,015
5 bedrooms $990,872
Phoenix Home Price Trends
  10/2021 9/2021 8/2021 7/2021 6/2021
Total Listings 3,903 3,892 3,802 3,635 3,586
Average Price $550,265 $537,338 $535,645 $536,664 $535,563
Avg Price Change +2.41% +0.32% -0.19% +0.21% +1.04%
Median Price $419,381 $405,161 $399,087 $398,910 $386,803
Med Price Change +3.51% +1.52% +0.04% +3.13% +2.52%
Avg Bedrooms 3.2 beds 3.19 beds 3.17 beds 3.19 beds 3.16 beds
Avg Bathrooms 2.28 baths 2.28 baths 2.28 baths 2.29 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 188 $515,852 40 days
Camelback High School 284 $792,473 66 days
Central High School 299 $586,613 64 days
North High School 204 $573,501 76 days
South Mountain High School 166 $464,214 43 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,747 $559,496 49 days
Distressed Homes 17 $353,122 77 days
Multi-Million Dollar Homes 285 $1,873,129 86 days
Newly Built Homes 307 $831,146 115 days
Homes with a Pool 1,013 $822,165 45 days
Reduced Price Homes 63 $622,009 36 days
HomeSmart Biltmore - Rock Paper Home
Jason Wyrick
3333 East Camelback Road, Suite 150
Phoenix, AZ 85018
602-751-0603

© 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 Jason Wyrick - HomeSmart Biltmore - Rock Paper Home 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. November 29, 2021
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