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Phoenix Market Report

$457,410

AVERAGE PRICE OF 4,728 HOMES

$346,053

AVERAGE PRICE OF 46 DISTRESSED HOMES

$1,945,324

AVERAGE PRICE OF 293 MULTI-MILLION DOLLAR HOMES

$591,224

AVERAGE PRICE OF 587 NEWLY BUILT HOMES

$733,061

AVERAGE PRICE OF 1,293 HOMES WITH A POOL

$469,533

AVERAGE PRICE OF 226 REDUCED PRICE HOMES

Average Home

Average Price $457,410
Avg Bedrooms 3.24 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $219,843
2 bedrooms $252,565
3 bedrooms $374,886
4 bedrooms $545,617
5 bedrooms $902,157
Phoenix Home Price Trends
  3/2020 2/2020 1/2020 12/2019 11/2019
Total Listings 4,629 4,433 3,038 3,280 3,690
Average Price $471,070 $467,395 $503,431 $484,375 $474,340
Avg Price Change +0.79% -7.71% +3.93% +2.12% +0.54%
Median Price $334,384 $330,581 $352,291 $338,331 $330,988
Med Price Change +1.15% -6.57% +4.13% +2.22% +0.39%
Avg Bedrooms 3.26 beds 3.25 beds 3.29 beds 3.29 beds 3.28 beds
Avg Bathrooms 2.42 baths 2.4 baths 2.46 baths 2.44 baths 2.47 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 270 $390,998 57 days
Camelback High School 437 $666,722 71 days
Central High School 381 $503,416 69 days
North High School 211 $423,823 63 days
Pinnacle High School 208 $490,781 46 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,728 $457,410 54 days
Distressed Homes 46 $346,053 67 days
Multi-Million Dollar Homes 293 $1,945,324 123 days
Newly Built Homes 587 $591,224 87 days
Homes with a Pool 1,293 $733,061 59 days
Reduced Price Homes 226 $469,533 45 days
Re/Max Fine Properties
Brad Jensen
21020 N Pima Road
Scottsdale, AZ 85255
602-730-5113

© 2020 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 Brad Jensen - ReMax Fine Properties 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 3, 2020