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Phoenix Market Report

$467,890

AVERAGE PRICE OF 4,290 HOMES

$392,138

AVERAGE PRICE OF 31 DISTRESSED HOMES

$1,925,055

AVERAGE PRICE OF 269 MULTI-MILLION DOLLAR HOMES

$565,841

AVERAGE PRICE OF 568 NEWLY BUILT HOMES

$783,043

AVERAGE PRICE OF 1,062 HOMES WITH A POOL

$513,805

AVERAGE PRICE OF 155 REDUCED PRICE HOMES

Average Home

Average Price $467,890
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.37 baths

Average Price by Bedrooms

1 bedroom $233,993
2 bedrooms $264,657
3 bedrooms $379,551
4 bedrooms $547,571
5 bedrooms $943,247
Phoenix Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 4,406 4,776 4,799 4,799 4,629
Average Price $461,438 $454,719 $448,689 $451,924 $471,070
Avg Price Change +1.48% +1.34% -0.72% -4.24% +0.79%
Median Price $328,896 $324,590 $319,231 $319,103 $334,384
Med Price Change +1.33% +1.68% +0.04% -4.79% +1.15%
Avg Bedrooms 3.24 beds 3.23 beds 3.22 beds 3.23 beds 3.26 beds
Avg Bathrooms 2.37 baths 2.38 baths 2.37 baths 2.37 baths 2.42 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 214 $403,889 36 days
Camelback High School 426 $614,247 68 days
Central High School 295 $488,085 64 days
North High School 219 $407,243 71 days
Pinnacle High School 242 $516,999 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,290 $467,890 55 days
Distressed Homes 31 $392,138 67 days
Multi-Million Dollar Homes 269 $1,925,055 123 days
Newly Built Homes 568 $565,841 94 days
Homes with a Pool 1,062 $783,043 57 days
Reduced Price Homes 155 $513,805 46 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. August 11, 2020
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