If you need assistance, please call 480-485-3555

Phoenix Market Report

$531,019

AVERAGE PRICE OF 3,644 HOMES

$363,596

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,989,481

AVERAGE PRICE OF 299 MULTI-MILLION DOLLAR HOMES

$807,428

AVERAGE PRICE OF 294 NEWLY BUILT HOMES

$901,466

AVERAGE PRICE OF 871 HOMES WITH A POOL

$659,545

AVERAGE PRICE OF 95 REDUCED PRICE HOMES

Average Home

Average Price $531,019
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $239,535
2 bedrooms $313,571
3 bedrooms $449,933
4 bedrooms $661,796
5 bedrooms $1,000,882
Phoenix Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 3,520 3,399 3,476 3,397 3,858
Average Price $536,052 $514,345 $495,160 $485,788 $470,486
Avg Price Change +4.22% +3.87% +1.93% +3.25% +0.11%
Median Price $372,193 $356,164 $346,653 $335,790 $330,029
Med Price Change +4.50% +2.74% +3.24% +1.75% -1.02%
Avg Bedrooms 3.19 beds 3.18 beds 3.17 beds 3.17 beds 3.17 beds
Avg Bathrooms 2.36 baths 2.34 baths 2.33 baths 2.34 baths 2.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 181 $441,722 32 days
Camelback High School 356 $734,424 60 days
Central High School 288 $563,559 40 days
North High School 176 $527,721 52 days
Paradise Valley High School 155 $424,759 27 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,644 $531,019 39 days
Distressed Homes 16 $363,596 80 days
Multi-Million Dollar Homes 299 $1,989,481 83 days
Newly Built Homes 294 $807,428 122 days
Homes with a Pool 871 $901,466 38 days
Reduced Price Homes 95 $659,545 31 days
The Envision Team @ My Home Group
1222 East Baseline #102
Tempe, AZ 85283
480-485-3555

Justin Oliver, Senior VP/Branch Manager, NMLS #164869 | Ryan Whalen, Senior VP/Branch Manager, NMLS #217739 |NOVA® Home Loans NMLS #3087 | BK 0902429 | Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act #4131230. Also licensed by the CA-DBO under the CFL #6036566. Loans made or arranged pursuant to a California Financing Law License. | Equal Housing Opportunity

© 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 Ben Arredondo - The Envision Team / My Home 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. May 13, 2021
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