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Phoenix

Phoenix Market Report

$369,182

AVERAGE PRICE OF 14 DISTRESSED HOMES

$1,963,981

AVERAGE PRICE OF 436 MULTI-MILLION DOLLAR HOMES

$1,009,155

AVERAGE PRICE OF 373 NEWLY BUILT HOMES

$1,018,706

AVERAGE PRICE OF 1,020 HOMES WITH A POOL

$658,172

AVERAGE PRICE OF 212 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 3.08 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $279,275
2 bedrooms $288,794
3 bedrooms $479,697
4 bedrooms $670,814
5 bedrooms $1,398,063
Phoenix Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 3,978 3,785 4,165 4,769 4,999
Average Price n/a n/a n/a n/a n/a
Avg Price Change n/a n/a n/a n/a n/a
Median Price $439,831 $431,849 $426,893 $435,769 n/a
Med Price Change +1.85% +1.16% -2.08% n/a n/a
Avg Bedrooms 3.14 beds 3.08 beds 2.95 beds 3.04 beds 3.16 beds
Avg Bathrooms 2.35 baths 2.39 baths 2.3 baths 2.29 baths 2.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 222 $566,439 76 days
Camelback High School 312 $881,326 68 days
Central High School 352 $773,164 87 days
North High School 168 $644,168 68 days
Pinnacle High School 161 $771,608 55 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,669 n/a 64 days
Distressed Homes 14 $369,182 58 days
Multi-Million Dollar Homes 436 $1,963,981 92 days
Newly Built Homes 373 $1,009,155 122 days
Homes with a Pool 1,020 $1,018,706 90 days
Reduced Price Homes 212 $658,172 76 days
Realty Executives
10607 N Hayden Road, Suite F-100
Scottsdale, AZ 85260
928-710-0733
Prescott: 928-710-0733
Scottsdale: 480-309-5580

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© 2023 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 Realty Executives are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them including the name of the listing brokers. All information is 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 ArizonaRegional Multiple Listing Service shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. March 20, 2023
© 2023 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 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 20, 2023
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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