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Phoenix Market Report

$457,555

AVERAGE PRICE OF 4,963 HOMES

$396,185

AVERAGE PRICE OF 49 DISTRESSED HOMES

$1,867,516

AVERAGE PRICE OF 314 MULTI-MILLION DOLLAR HOMES

$654,675

AVERAGE PRICE OF 423 NEWLY BUILT HOMES

$711,645

AVERAGE PRICE OF 1,493 HOMES WITH A POOL

$475,790

AVERAGE PRICE OF 329 REDUCED PRICE HOMES

Average Home

Average Price $457,555
Avg Bedrooms 3.29 beds
Avg Bathrooms 2.44 baths

Average Price by Bedrooms

1 bedroom $184,943
2 bedrooms $259,013
3 bedrooms $371,880
4 bedrooms $542,936
5 bedrooms $889,710
Phoenix Home Price Trends
  3/2019 2/2019 1/2019 12/2018 11/2018
Total Listings 5,091 5,069 4,631 4,597 4,832
Average Price $444,956 $441,108 $440,228 $435,890 $431,102
Avg Price Change +0.87% +0.20% +1.00% +1.11% -1.38%
Median Price $316,992 $311,767 $312,504 $309,185 $306,936
Med Price Change +1.68% -0.24% +1.07% +0.73% -2.28%
Avg Bedrooms 3.28 beds 3.25 beds 3.24 beds 3.27 beds 3.28 beds
Avg Bathrooms 2.42 baths 2.39 baths 2.39 baths 2.43 baths 2.43 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 245 $1,381,225 101 days
Camelback High School 535 $621,319 87 days
Central High School 430 $464,420 86 days
North High School 270 $421,815 71 days
Pinnacle High School 236 $482,781 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,963 $457,555 70 days
Distressed Homes 49 $396,185 67 days
Multi-Million Dollar Homes 314 $1,867,516 133 days
Newly Built Homes 423 $654,675 93 days
Homes with a Pool 1,493 $711,645 73 days
Reduced Price Homes 329 $475,790 68 days
West USA
Patrick Harvey
7077 E Marilyn Rd #130
Scottsdale, AZ 85254
480-390-7369

© 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 West USA 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 24, 2019
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