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Phoenix

Why you'd want to live in Phoenix

Nicknamed the "Valley of the Sun," the Greater Phoenix area sees more sunshine than nearly any other metro area in the country. That in and of itself can be enough to entice people to lay down roots here, but Arizona's capital also features a desirable combination of a thriving job market, a relatively low cost of living and plenty of ways to enjoy the nice weather. Phoenix is the best place to get a sampling of all the state has to offer. Its downtown area may be characterized by sleek, ultramodern office buildings, but the city center is not all about work. Phoenix also contains ample opportunities to play. Sports stadiums, arts and shopping districts fringe downtown, as do some of the area's finest eateries. Within the Valley of the Sun, you can trace Arizona's history from its earliest Hohokam residents at the Pueblo Grande Museum and Archaeological Park to the latest technological developments showcased at the Arizona Science Center. Plus, Greater Phoenix's 2,000-plus square miles sprawl to the bottom of striking desert mountains crisscrossed by hiking and biking trails. via realestate.usnews.com

Phoenix Market Report

$730,846

AVERAGE PRICE OF 3,959 HOMES

$377,978

AVERAGE PRICE OF 14 DISTRESSED HOMES

$2,154,700

AVERAGE PRICE OF 591 MULTI-MILLION DOLLAR HOMES

$1,102,377

AVERAGE PRICE OF 449 NEWLY BUILT HOMES

$1,067,899

AVERAGE PRICE OF 996 HOMES WITH A POOL

$689,693

AVERAGE PRICE OF 276 REDUCED PRICE HOMES

Average Home

Average Price $730,846
Avg Bedrooms 2.81 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $265,733
2 bedrooms $395,686
3 bedrooms $558,844
4 bedrooms $855,936
5 bedrooms $1,352,439
Phoenix Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 3,997 3,796 3,655 n/a n/a
Average Price $727,883 $731,006 $725,167 n/a n/a
Avg Price Change -0.43% +0.81% n/a n/a n/a
Median Price $499,306 $499,449 $499,060 n/a n/a
Med Price Change -0.03% +0.08% n/a n/a n/a
Avg Bedrooms 2.79 beds 2.77 beds 2.76 beds n/a n/a
Avg Bathrooms 2.18 baths 2.17 baths 2.16 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 188 $578,024 49 days
Camelback High School 315 $939,592 46 days
Central High School 366 $700,404 54 days
North High School 167 $791,460 50 days
Pinnacle High School 178 $797,680 46 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,959 $730,846 47 days
Distressed Homes 14 $377,978 37 days
Multi-Million Dollar Homes 591 $2,154,700 53 days
Newly Built Homes 449 $1,102,377 56 days
Homes with a Pool 996 $1,067,899 46 days
Reduced Price Homes 276 $689,693 48 days
Realty ONE Group Mountain Desert
Reanna Buss
928-301-5999
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Jonathan Burgueno
1865 W. State Route 89A Suite D
Sedona, AZ 86336
928-282-3200

© 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 Reanna Buss - findprescottazhomes.com 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. December 3, 2023
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