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Phoenix Market Report

$445,044

AVERAGE PRICE OF 5,084 HOMES

$393,813

AVERAGE PRICE OF 55 DISTRESSED HOMES

$1,866,319

AVERAGE PRICE OF 303 MULTI-MILLION DOLLAR HOMES

$622,925

AVERAGE PRICE OF 430 NEWLY BUILT HOMES

$693,578

AVERAGE PRICE OF 1,486 HOMES WITH A POOL

$509,767

AVERAGE PRICE OF 331 REDUCED PRICE HOMES

Average Home

Average Price $445,044
Avg Bedrooms 3.28 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $180,069
2 bedrooms $257,246
3 bedrooms $364,408
4 bedrooms $529,098
5 bedrooms $877,052
Phoenix Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 5,069 4,631 4,597 4,832 4,665
Average Price $441,108 $440,228 $435,890 $431,102 $437,042
Avg Price Change +0.20% +1.00% +1.11% -1.38% +0.66%
Median Price $311,767 $312,504 $309,185 $306,936 $313,939
Med Price Change -0.24% +1.07% +0.73% -2.28% -1.36%
Avg Bedrooms 3.25 beds 3.24 beds 3.27 beds 3.28 beds 3.29 beds
Avg Bathrooms 2.39 baths 2.39 baths 2.43 baths 2.43 baths 2.42 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 244 $1,319,543 97 days
Barry Goldwater High School 251 $374,140 53 days
Camelback High School 546 $610,730 87 days
Central High School 442 $453,545 86 days
North High School 256 $413,407 73 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,084 $445,044 71 days
Distressed Homes 55 $393,813 74 days
Multi-Million Dollar Homes 303 $1,866,319 140 days
Newly Built Homes 430 $622,925 88 days
Homes with a Pool 1,486 $693,578 78 days
Reduced Price Homes 331 $509,767 64 days

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Keller Williams Arizona Realty
Andrew Bloom
7400 E Pinnacle Peak Rd, Suite 100
Scottsdale, AZ 85255
480-526-4601

© 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 Keller Williams Arizona Realty 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. March 20, 2019
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