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Phoenix Market Report

$440,588

AVERAGE PRICE OF 5,127 HOMES

$353,302

AVERAGE PRICE OF 68 DISTRESSED HOMES

$1,889,290

AVERAGE PRICE OF 298 MULTI-MILLION DOLLAR HOMES

$648,659

AVERAGE PRICE OF 411 NEWLY BUILT HOMES

$693,000

AVERAGE PRICE OF 1,468 HOMES WITH A POOL

$493,627

AVERAGE PRICE OF 371 REDUCED PRICE HOMES

Average Home

Average Price $440,588
Avg Bedrooms 3.26 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $178,094
2 bedrooms $259,617
3 bedrooms $362,035
4 bedrooms $527,799
5 bedrooms $888,653
Phoenix Home Price Trends
  1/2019 12/2018 11/2018 10/2018 9/2018
Total Listings 4,631 4,597 4,832 4,665 4,500
Average Price $440,228 $435,890 $431,102 $437,042 $434,155
Avg Price Change +1.00% +1.11% -1.38% +0.66% -0.23%
Median Price $312,504 $309,185 $306,936 $313,939 $318,221
Med Price Change +1.07% +0.73% -2.28% -1.36% -0.49%
Avg Bedrooms 3.24 beds 3.27 beds 3.28 beds 3.29 beds 3.3 beds
Avg Bathrooms 2.39 baths 2.43 baths 2.43 baths 2.42 baths 2.41 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 234 $1,305,098 97 days
Barry Goldwater High School 236 $375,391 59 days
Camelback High School 567 $620,469 84 days
Central High School 444 $459,775 83 days
North High School 260 $412,165 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,127 $440,588 72 days
Distressed Homes 68 $353,302 74 days
Multi-Million Dollar Homes 298 $1,889,290 137 days
Newly Built Homes 411 $648,659 91 days
Homes with a Pool 1,468 $693,000 81 days
Reduced Price Homes 371 $493,627 67 days
North&Co
Brian North
4040 E Camelback Rd #200
Phoenix, AZ 85018
480-250-6687

© 2019 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 North & CO 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. February 21, 2019
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