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Phoenix Market Report

$451,314

AVERAGE PRICE OF 4,779 HOMES

$395,221

AVERAGE PRICE OF 35 DISTRESSED HOMES

$1,928,577

AVERAGE PRICE OF 284 MULTI-MILLION DOLLAR HOMES

$609,715

AVERAGE PRICE OF 561 NEWLY BUILT HOMES

$738,770

AVERAGE PRICE OF 1,251 HOMES WITH A POOL

$566,368

AVERAGE PRICE OF 176 REDUCED PRICE HOMES

Average Home

Average Price $451,314
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $216,841
2 bedrooms $252,033
3 bedrooms $369,906
4 bedrooms $545,039
5 bedrooms $924,194
Phoenix Home Price Trends
  5/2020 4/2020 3/2020 2/2020 1/2020
Total Listings 4,799 4,799 4,629 4,433 3,038
Average Price $448,689 $451,924 $471,070 $467,395 $503,431
Avg Price Change -0.72% -4.24% +0.79% -7.71% +3.93%
Median Price $319,231 $319,103 $334,384 $330,581 $352,291
Med Price Change +0.04% -4.79% +1.15% -6.57% +4.13%
Avg Bedrooms 3.22 beds 3.23 beds 3.26 beds 3.25 beds 3.29 beds
Avg Bathrooms 2.37 baths 2.37 baths 2.42 baths 2.4 baths 2.46 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 247 $388,801 50 days
Camelback High School 454 $634,705 79 days
Central High School 388 $464,420 73 days
North High School 250 $408,798 64 days
Pinnacle High School 254 $510,667 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,779 $451,314 62 days
Distressed Homes 35 $395,221 84 days
Multi-Million Dollar Homes 284 $1,928,577 137 days
Newly Built Homes 561 $609,715 92 days
Homes with a Pool 1,251 $738,770 67 days
Reduced Price Homes 176 $566,368 57 days
Keller Williams Realty Phoenix
Eric Brossart
3507 North Apache Way
Scottsdale, AZ 85251
602-741-6394

© 2020 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 Eric Brossart - Keller Williams Realty Phoenix 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. June 4, 2020