If you need assistance, please call 602-750-9698

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

$734,192

AVERAGE PRICE OF 4,812 HOMES

$288,185

AVERAGE PRICE OF 9 DISTRESSED HOMES

$2,122,162

AVERAGE PRICE OF 736 MULTI-MILLION DOLLAR HOMES

$1,095,287

AVERAGE PRICE OF 421 NEWLY BUILT HOMES

$1,072,007

AVERAGE PRICE OF 1,266 HOMES WITH A POOL

$688,233

AVERAGE PRICE OF 318 REDUCED PRICE HOMES

Average Home

Average Price $734,192
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $258,968
2 bedrooms $389,515
3 bedrooms $562,996
4 bedrooms $854,279
5 bedrooms $1,335,893
Phoenix Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 4,594 4,455 4,264 4,107 3,941
Average Price $750,550 $736,069 $730,180 $729,886 $723,807
Avg Price Change +1.97% +0.81% +0.04% +0.84% -0.56%
Median Price $499,800 $498,422 $498,105 $492,122 $495,779
Med Price Change +0.28% +0.06% +1.22% -0.74% -0.71%
Avg Bedrooms 2.87 beds 2.87 beds 2.85 beds 2.82 beds 2.8 beds
Avg Bathrooms 2.26 baths 2.27 baths 2.24 baths 2.2 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 411 $998,358 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,812 $734,192 67 days
Distressed Homes 9 $288,185 31 days
Multi-Million Dollar Homes 736 $2,122,162 85 days
Newly Built Homes 421 $1,095,287 97 days
Homes with a Pool 1,266 $1,072,007 62 days
Reduced Price Homes 318 $688,233 58 days
Realty ONE Group Mountain Desert
602-750-9698


Jonathan Burgueno
1865 W. State Route 89A Suite D
Sedona, AZ 86336
928-282-3200

© 2024 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. May 29, 2024
This site powered by CINC: www.cincpro.com