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Phoenix

Phoenix Market Report

$707,585

AVERAGE PRICE OF 5,074 HOMES

$367,017

AVERAGE PRICE OF 24 DISTRESSED HOMES

$2,155,538

AVERAGE PRICE OF 709 MULTI-MILLION DOLLAR HOMES

$1,158,496

AVERAGE PRICE OF 337 NEWLY BUILT HOMES

$1,053,347

AVERAGE PRICE OF 1,275 HOMES WITH A POOL

$630,368

AVERAGE PRICE OF 343 REDUCED PRICE HOMES

Average Home

Average Price $707,585
Avg Bedrooms 2.83 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $425,508
2 bedrooms $369,025
3 bedrooms $552,339
4 bedrooms $836,022
5 bedrooms $1,454,931
Phoenix Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 4,901 5,294 5,284 4,981 4,682
Average Price $685,096 $689,818 $687,856 $691,090 $688,107
Avg Price Change -0.69% +0.29% -0.47% +0.43% -1.23%
Median Price $462,321 $464,127 $470,210 $474,991 $478,870
Med Price Change -0.39% -1.31% -1.02% -0.82% -0.58%
Avg Bedrooms 2.79 beds 2.8 beds 2.81 beds 2.82 beds 2.84 beds
Avg Bathrooms 2.18 baths 2.18 baths 2.18 baths 2.19 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 408 $981,555 86 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,074 $707,585 85 days
Distressed Homes 24 $367,017 64 days
Multi-Million Dollar Homes 709 $2,155,538 103 days
Newly Built Homes 337 $1,158,496 110 days
Homes with a Pool 1,275 $1,053,347 77 days
Reduced Price Homes 343 $630,368 81 days
Team Minik | West USA Realty
Michelle Minik
2920 N Litchfield Rd. Ste 100
Goodyear, AZ 85395
623-777-5810
Team Minik BBB Business Review




© 2025 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 Michelle Minik - Winback - West USA 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. January 18, 2025
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