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Phoenix Market Report

$466,230

AVERAGE PRICE OF 4,766 HOMES

$457,555

AVERAGE PRICE OF 49 DISTRESSED HOMES

$1,913,646

AVERAGE PRICE OF 305 MULTI-MILLION DOLLAR HOMES

$695,308

AVERAGE PRICE OF 414 NEWLY BUILT HOMES

$724,717

AVERAGE PRICE OF 1,453 HOMES WITH A POOL

$468,439

AVERAGE PRICE OF 316 REDUCED PRICE HOMES

Average Home

Average Price $466,230
Avg Bedrooms 3.31 beds
Avg Bathrooms 2.48 baths

Average Price by Bedrooms

1 bedroom $182,796
2 bedrooms $268,608
3 bedrooms $372,540
4 bedrooms $545,934
5 bedrooms $903,202
Phoenix Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 5,042 5,091 5,069 4,631 4,597
Average Price $454,177 $444,956 $441,108 $440,228 $435,890
Avg Price Change +2.07% +0.87% +0.20% +1.00% +1.11%
Median Price $324,184 $316,992 $311,767 $312,504 $309,185
Med Price Change +2.27% +1.68% -0.24% +1.07% +0.73%
Avg Bedrooms 3.28 beds 3.28 beds 3.25 beds 3.24 beds 3.27 beds
Avg Bathrooms 2.43 baths 2.42 baths 2.39 baths 2.39 baths 2.43 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 234 $1,473,654 99 days
Camelback High School 541 $602,361 83 days
Central High School 425 $453,923 84 days
North High School 253 $421,461 73 days
Pinnacle High School 227 $496,298 68 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,766 $466,230 67 days
Distressed Homes 49 $457,555 68 days
Multi-Million Dollar Homes 305 $1,913,646 132 days
Newly Built Homes 414 $695,308 86 days
Homes with a Pool 1,453 $724,717 72 days
Reduced Price Homes 316 $468,439 66 days
© 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 DeLex Realty 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 27, 2019