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

Phoenix Market Report

$376,338

AVERAGE PRICE OF 13 DISTRESSED HOMES

$2,002,419

AVERAGE PRICE OF 445 MULTI-MILLION DOLLAR HOMES

$1,036,937

AVERAGE PRICE OF 390 NEWLY BUILT HOMES

$1,057,024

AVERAGE PRICE OF 995 HOMES WITH A POOL

$667,957

AVERAGE PRICE OF 238 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 3.09 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $280,779
2 bedrooms $289,207
3 bedrooms $509,237
4 bedrooms $679,273
5 bedrooms $1,413,570
Phoenix Home Price Trends
  3/2023 2/2023 1/2023 12/2022 11/2022
Total Listings 3,689 3,978 3,785 4,165 4,769
Average Price $645,069 n/a n/a n/a n/a
Avg Price Change n/a n/a n/a n/a n/a
Median Price $452,788 $439,831 $431,849 $426,893 $435,769
Med Price Change +2.95% +1.85% +1.16% -2.08% n/a
Avg Bedrooms 3.17 beds 3.14 beds 3.08 beds 2.95 beds 3.04 beds
Avg Bathrooms 2.34 baths 2.35 baths 2.39 baths 2.3 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 223 $583,246 74 days
Camelback High School 321 $896,906 65 days
Central High School 354 $748,650 87 days
North High School 174 $674,486 68 days
Pinnacle High School 162 $780,301 55 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,613 n/a 73 days
Distressed Homes 13 $376,338 68 days
Multi-Million Dollar Homes 445 $2,002,419 89 days
Newly Built Homes 390 $1,036,937 118 days
Homes with a Pool 995 $1,057,024 95 days
Reduced Price Homes 238 $667,957 65 days
My Home Group
Liz Dobbins
8360 E Raintree Dr. Suite #120
Scottsdale, AZ 85260
623-826-1981

© 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. April 1, 2023
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.
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