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

Phoenix Market Report

$732,190

AVERAGE PRICE OF 4,359 HOMES

$656,050

AVERAGE PRICE OF 8 DISTRESSED HOMES

$2,165,966

AVERAGE PRICE OF 642 MULTI-MILLION DOLLAR HOMES

$1,062,486

AVERAGE PRICE OF 417 NEWLY BUILT HOMES

$1,111,113

AVERAGE PRICE OF 1,153 HOMES WITH A POOL

$677,431

AVERAGE PRICE OF 310 REDUCED PRICE HOMES

Average Home

Average Price $732,190
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $257,413
2 bedrooms $404,054
3 bedrooms $561,509
4 bedrooms $858,425
5 bedrooms $1,441,756
Phoenix Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 4,264 4,107 3,941 3,997 3,796
Average Price $730,180 $729,886 $723,807 $727,883 $731,006
Avg Price Change +0.04% +0.84% -0.56% -0.43% +0.81%
Median Price $498,105 $492,122 $495,779 $499,306 $499,449
Med Price Change +1.22% -0.74% -0.71% -0.03% +0.08%
Avg Bedrooms 2.85 beds 2.82 beds 2.8 beds 2.79 beds 2.77 beds
Avg Bathrooms 2.24 baths 2.2 baths 2.18 baths 2.18 baths 2.17 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 381 $947,089 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,359 $732,190 64 days
Distressed Homes 8 $656,050 59 days
Multi-Million Dollar Homes 642 $2,165,966 77 days
Newly Built Homes 417 $1,062,486 92 days
Homes with a Pool 1,153 $1,111,113 58 days
Reduced Price Homes 310 $677,431 55 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. March 5, 2024
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