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Phoenix

Phoenix Market Report

$752,228

AVERAGE PRICE OF 4,678 HOMES

$422,366

AVERAGE PRICE OF 12 DISTRESSED HOMES

$2,134,861

AVERAGE PRICE OF 758 MULTI-MILLION DOLLAR HOMES

$1,147,494

AVERAGE PRICE OF 405 NEWLY BUILT HOMES

$1,082,321

AVERAGE PRICE OF 1,292 HOMES WITH A POOL

$714,202

AVERAGE PRICE OF 368 REDUCED PRICE HOMES

Average Home

Average Price $752,228
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $269,809
2 bedrooms $398,463
3 bedrooms $571,473
4 bedrooms $859,275
5 bedrooms $1,382,840
Phoenix Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 4,455 4,264 4,107 3,941 3,997
Average Price $736,069 $730,180 $729,886 $723,807 $727,883
Avg Price Change +0.81% +0.04% +0.84% -0.56% -0.43%
Median Price $498,422 $498,105 $492,122 $495,779 $499,306
Med Price Change +0.06% +1.22% -0.74% -0.71% -0.03%
Avg Bedrooms 2.87 beds 2.85 beds 2.82 beds 2.8 beds 2.79 beds
Avg Bathrooms 2.27 baths 2.24 baths 2.2 baths 2.18 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 414 $974,807 64 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,678 $752,228 63 days
Distressed Homes 12 $422,366 22 days
Multi-Million Dollar Homes 758 $2,134,861 78 days
Newly Built Homes 405 $1,147,494 93 days
Homes with a Pool 1,292 $1,082,321 58 days
Reduced Price Homes 368 $714,202 58 days
JR Jones Group
Steven Jones
Scottsdale, AZ 85251
480-717-0248
Casey Cutter
Homeowners Financial
480-510-5413
casey@homeownersfg.com

© 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 Steven Jones- JR Jones Group 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 22, 2024
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