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

Phoenix Market Report

$686,928

AVERAGE PRICE OF 5,293 HOMES

$376,790

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,050,049

AVERAGE PRICE OF 719 MULTI-MILLION DOLLAR HOMES

$1,111,509

AVERAGE PRICE OF 380 NEWLY BUILT HOMES

$995,300

AVERAGE PRICE OF 1,310 HOMES WITH A POOL

$625,010

AVERAGE PRICE OF 377 REDUCED PRICE HOMES

Average Home

Average Price $686,928
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $252,152
2 bedrooms $378,191
3 bedrooms $539,943
4 bedrooms $794,516
5 bedrooms $1,337,310
Phoenix Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 4,981 4,682 4,602 4,741 4,756
Average Price $691,090 $688,107 $696,576 $720,159 $737,276
Avg Price Change +0.43% -1.23% -3.39% -2.38% -1.80%
Median Price $474,991 $478,870 $481,634 $491,297 $498,255
Med Price Change -0.82% -0.58% -2.01% -1.42% -0.31%
Avg Bedrooms 2.82 beds 2.84 beds 2.85 beds 2.87 beds 2.87 beds
Avg Bathrooms 2.19 baths 2.2 baths 2.21 baths 2.24 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 405 $916,147 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,293 $686,928 75 days
Distressed Homes 18 $376,790 83 days
Multi-Million Dollar Homes 719 $2,050,049 93 days
Newly Built Homes 380 $1,111,509 123 days
Homes with a Pool 1,310 $995,300 68 days
Reduced Price Homes 377 $625,010 61 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. October 13, 2024
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