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Phoenix Market Report

$468,733

AVERAGE PRICE OF 4,568 HOMES

$448,794

AVERAGE PRICE OF 53 DISTRESSED HOMES

$1,921,737

AVERAGE PRICE OF 294 MULTI-MILLION DOLLAR HOMES

$678,242

AVERAGE PRICE OF 433 NEWLY BUILT HOMES

$727,278

AVERAGE PRICE OF 1,373 HOMES WITH A POOL

$509,117

AVERAGE PRICE OF 295 REDUCED PRICE HOMES

Average Home

Average Price $468,733
Avg Bedrooms 3.31 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

1 bedroom $184,861
2 bedrooms $269,435
3 bedrooms $375,832
4 bedrooms $539,777
5 bedrooms $916,630
Phoenix Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 4,776 5,042 5,091 5,069 4,631
Average Price $466,124 $454,177 $444,956 $441,108 $440,228
Avg Price Change +2.63% +2.07% +0.87% +0.20% +1.00%
Median Price $335,131 $324,184 $316,992 $311,767 $312,504
Med Price Change +3.38% +2.27% +1.68% -0.24% +1.07%
Avg Bedrooms 3.31 beds 3.28 beds 3.28 beds 3.25 beds 3.24 beds
Avg Bathrooms 2.46 baths 2.43 baths 2.42 baths 2.39 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 232 $1,453,712 97 days
Barry Goldwater High School 242 $380,840 49 days
Camelback High School 513 $600,656 84 days
Central High School 410 $454,795 85 days
North High School 228 $428,460 76 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,568 $468,733 67 days
Distressed Homes 53 $448,794 71 days
Multi-Million Dollar Homes 294 $1,921,737 131 days
Newly Built Homes 433 $678,242 85 days
Homes with a Pool 1,373 $727,278 72 days
Reduced Price Homes 295 $509,117 65 days
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. June 16, 2019