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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

$2,136,088

AVERAGE PRICE OF 603 MULTI-MILLION DOLLAR HOMES

$1,108,846

AVERAGE PRICE OF 452 NEWLY BUILT HOMES

$1,067,146

AVERAGE PRICE OF 1,016 HOMES WITH A POOL

$718,076

AVERAGE PRICE OF 261 REDUCED PRICE HOMES

$394,808

AVERAGE PRICE OF 12 DISTRESSED HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.9 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $265,042
2 bedrooms $392,507
3 bedrooms $561,650
4 bedrooms $700,075
5 bedrooms $1,630,862
Phoenix Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 4,001 3,801 3,659 4 3
Average Price n/a n/a n/a $398,863 $446,445
Avg Price Change n/a n/a n/a -11.93% n/a
Median Price $499,534 $499,449 $499,031 $384,000 $451,556
Med Price Change +0.02% +0.08% +29.96% -17.59% n/a
Avg Bedrooms 2.84 beds 2.92 beds 3.06 beds 2.42 beds 2.7 beds
Avg Bathrooms 2.32 baths 2.33 baths 2.42 baths 1.79 baths 1.84 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 191 $586,152 49 days
Camelback High School 325 $932,340 47 days
Central High School 366 $656,323 53 days
North High School 170 $794,391 50 days
Pinnacle High School 182 $790,940 46 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,042 n/a 45 days
Multi-Million Dollar Homes 603 $2,136,088 57 days
Newly Built Homes 452 $1,108,846 34 days
Homes with a Pool 1,016 $1,067,146 66 days
Reduced Price Homes 261 $718,076 47 days
Distressed Homes 12 $394,808 41 days
My Home Group
Liz Dobbins
8360 E Raintree Dr. Suite #120
Scottsdale, AZ 85260
623-826-1981

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
© 2023 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. December 1, 2023
Sedona Verde Valley Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
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