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Phoenix Market Report

$558,187

AVERAGE PRICE OF 3,687 HOMES

$355,063

AVERAGE PRICE OF 17 DISTRESSED HOMES

$1,871,679

AVERAGE PRICE OF 278 MULTI-MILLION DOLLAR HOMES

$835,164

AVERAGE PRICE OF 303 NEWLY BUILT HOMES

$819,848

AVERAGE PRICE OF 998 HOMES WITH A POOL

$524,614

AVERAGE PRICE OF 73 REDUCED PRICE HOMES

Average Home

Average Price $558,187
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $246,333
2 bedrooms $337,574
3 bedrooms $479,768
4 bedrooms $699,124
5 bedrooms $993,107
Phoenix Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings 3,828 3,903 3,892 3,802 3,635
Average Price $556,985 $550,265 $537,338 $535,645 $536,664
Avg Price Change +1.22% +2.41% +0.32% -0.19% +0.21%
Median Price $424,830 $419,381 $405,161 $399,087 $398,910
Med Price Change +1.30% +3.51% +1.52% +0.04% +3.13%
Avg Bedrooms 3.2 beds 3.2 beds 3.19 beds 3.17 beds 3.19 beds
Avg Bathrooms 2.29 baths 2.28 baths 2.28 baths 2.28 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 181 $503,669 38 days
Camelback High School 278 $794,554 68 days
Central High School 295 $586,774 66 days
North High School 201 $575,579 75 days
South Mountain High School 166 $457,936 43 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,687 $558,187 50 days
Distressed Homes 17 $355,063 79 days
Multi-Million Dollar Homes 278 $1,871,679 88 days
Newly Built Homes 303 $835,164 116 days
Homes with a Pool 998 $819,848 46 days
Reduced Price Homes 73 $524,614 40 days
eXp Realty | The Valkenaar Group
Steve Valkenaar
6991 E Camelback Rd Suite D-300
Scottsdale, AZ 85251
480-440-8933

© 2021 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 Steve Valkenaar - My Home Group RE 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. December 1, 2021
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