If you need assistance, please call 602-451-0674

Phoenix Market Report

$751,837

AVERAGE PRICE OF 4,612 HOMES

$427,036

AVERAGE PRICE OF 11 DISTRESSED HOMES

$2,142,910

AVERAGE PRICE OF 744 MULTI-MILLION DOLLAR HOMES

$1,139,417

AVERAGE PRICE OF 416 NEWLY BUILT HOMES

$1,086,139

AVERAGE PRICE OF 1,255 HOMES WITH A POOL

$723,988

AVERAGE PRICE OF 346 REDUCED PRICE HOMES

Average Home

Average Price $751,837
Avg Bedrooms 2.86 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $272,198
2 bedrooms $399,078
3 bedrooms $571,716
4 bedrooms $861,449
5 bedrooms $1,360,446
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 409 $974,630 63 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,612 $751,837 64 days
Distressed Homes 11 $427,036 21 days
Multi-Million Dollar Homes 744 $2,142,910 79 days
Newly Built Homes 416 $1,139,417 95 days
Homes with a Pool 1,255 $1,086,139 60 days
Reduced Price Homes 346 $723,988 60 days
Realty One Group
Bridget Brennan
17550 N Perimeter Dr #160
Scottsdale, AZ 85255
602-451-0674
Myron Chamberlain
Loan Originator
NMLS: 224910
480.397.9090 (Direct)
480.358.7801 (Mobile)
877.865.8540 (Fax)
17015 N. Scottsdale Rd #100
Scottsdale, AZ 85255

© 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 Bridget Brennan - Realty One 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 18, 2024
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