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Phoenix Market Report

$454,253

AVERAGE PRICE OF 5,056 HOMES

$390,576

AVERAGE PRICE OF 52 DISTRESSED HOMES

$1,872,094

AVERAGE PRICE OF 315 MULTI-MILLION DOLLAR HOMES

$646,311

AVERAGE PRICE OF 420 NEWLY BUILT HOMES

$710,072

AVERAGE PRICE OF 1,503 HOMES WITH A POOL

$493,152

AVERAGE PRICE OF 327 REDUCED PRICE HOMES

Average Home

Average Price $454,253
Avg Bedrooms 3.28 beds
Avg Bathrooms 2.43 baths

Average Price by Bedrooms

1 bedroom $184,475
2 bedrooms $256,474
3 bedrooms $370,747
4 bedrooms $538,772
5 bedrooms $902,312
Phoenix Home Price Trends
  3/2019 2/2019 1/2019 12/2018 11/2018
Total Listings 5,091 5,069 4,631 4,597 4,832
Average Price $444,956 $441,108 $440,228 $435,890 $431,102
Avg Price Change +0.87% +0.20% +1.00% +1.11% -1.38%
Median Price $316,992 $311,767 $312,504 $309,185 $306,936
Med Price Change +1.68% -0.24% +1.07% +0.73% -2.28%
Avg Bedrooms 3.28 beds 3.25 beds 3.24 beds 3.27 beds 3.28 beds
Avg Bathrooms 2.42 baths 2.39 baths 2.39 baths 2.43 baths 2.43 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 247 $1,379,877 98 days
Camelback High School 544 $622,194 85 days
Central High School 428 $467,528 84 days
North High School 275 $415,712 68 days
Pinnacle High School 245 $471,244 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,056 $454,253 68 days
Distressed Homes 52 $390,576 64 days
Multi-Million Dollar Homes 315 $1,872,094 131 days
Newly Built Homes 420 $646,311 91 days
Homes with a Pool 1,503 $710,072 72 days
Reduced Price Homes 327 $493,152 66 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. April 19, 2019
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