If you need assistance, please call 623-826-1981

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

$472,433

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,732,525

AVERAGE PRICE OF 435 MULTI-MILLION DOLLAR HOMES

$951,881

AVERAGE PRICE OF 378 NEWLY BUILT HOMES

$854,532

AVERAGE PRICE OF 1,308 HOMES WITH A POOL

$541,832

AVERAGE PRICE OF 695 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 3.1 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $309,120
2 bedrooms $380,390
3 bedrooms $621,476
4 bedrooms $706,352
5 bedrooms $1,045,699
Phoenix Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 4,880 n/a n/a n/a 2,943
Average Price n/a n/a n/a n/a $598,942
Avg Price Change n/a n/a n/a n/a +2.72%
Median Price n/a n/a n/a n/a $451,422
Med Price Change n/a n/a n/a n/a +2.28%
Avg Bedrooms 3.1 beds n/a n/a n/a 3.11 beds
Avg Bathrooms 2.13 baths n/a n/a n/a 1.69 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 278 $561,549 42 days
Camelback High School 381 $742,485 53 days
Central High School 343 $611,025 52 days
Pinnacle High School 254 $742,655 48 days
South Mountain High School 239 $486,823 44 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,118 n/a 27 days
Distressed Homes 9 $472,433 15 days
Multi-Million Dollar Homes 435 $1,732,525 74 days
Newly Built Homes 378 $951,881 113 days
Homes with a Pool 1,308 $854,532 48 days
Reduced Price Homes 695 $541,832 47 days
My Home Group
Liz Dobbins
8360 E Raintree Dr. Suite #120
Scottsdale, AZ 85260
623-826-1981

© 2022 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. August 18, 2022
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.
This site powered by CINC: www.cincpro.com