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Phoenix

Why you'd want to live in Phoenix

Nicknamed the "Valley of the Sun," the Greater Phoenix area sees more sunshine than nearly any other metro area in the country. That in and of itself can be enough to entice people to lay down roots here, but Arizona's capital also features a desirable combination of a thriving job market, a relatively low cost of living and plenty of ways to enjoy the nice weather. Phoenix is the best place to get a sampling of all the state has to offer. Its downtown area may be characterized by sleek, ultramodern office buildings, but the city center is not all about work. Phoenix also contains ample opportunities to play. Sports stadiums, arts and shopping districts fringe downtown, as do some of the area's finest eateries. Within the Valley of the Sun, you can trace Arizona's history from its earliest Hohokam residents at the Pueblo Grande Museum and Archaeological Park to the latest technological developments showcased at the Arizona Science Center. Plus, Greater Phoenix's 2,000-plus square miles sprawl to the bottom of striking desert mountains crisscrossed by hiking and biking trails. via realestate.usnews.com

Phoenix Market Report

$2,110,433

AVERAGE PRICE OF 827 MULTI-MILLION DOLLAR HOMES

$1,148,164

AVERAGE PRICE OF 1,272 HOMES WITH A POOL

$652,023

AVERAGE PRICE OF 396 REDUCED PRICE HOMES

$338,433

AVERAGE PRICE OF 58 DISTRESSED HOMES

$1,301,544

AVERAGE PRICE OF 367 NEWLY BUILT HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.83 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $242,284
2 bedrooms $349,666
3 bedrooms $454,176
4 bedrooms $1,240,808
5 bedrooms $1,477,585
Phoenix Home Price Trends
  10/2025 9/2025 8/2025 7/2025 6/2025
Total Listings 5,861 5,747 5,791 6,034 6,342
Average Price n/a n/a n/a n/a $34,107
Avg Price Change n/a n/a n/a n/a -76.52%
Median Price n/a n/a n/a n/a n/a
Med Price Change n/a n/a n/a n/a n/a
Avg Bedrooms 3 beds 2.93 beds 2.86 beds 2.87 beds 3.02 beds
Avg Bathrooms 2.16 baths 2.15 baths 2.15 baths 2.29 baths 2.57 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 506 $885,489 93 days
Total Homes Average Price Avg Days on Site
All Homes 5,880 n/a 95 days
Multi-Million Dollar Homes 827 $2,110,433 186 days
Homes with a Pool 1,272 $1,148,164 125 days
Reduced Price Homes 396 $652,023 69 days
Distressed Homes 58 $338,433 71 days
Newly Built Homes 367 $1,301,544 115 days
My Home Group
Liz Dobbins
8360 E Raintree Dr. Suite #120
Scottsdale, AZ 85260
623-826-1981

Based on information submitted to the MLS GRID as of November 13, 2025 11 AM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
© 2025 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 Liz Dobbins - 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. November 13, 2025
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