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

Phoenix Market Report

$2,140,863

AVERAGE PRICE OF 653 MULTI-MILLION DOLLAR HOMES

$1,123,583

AVERAGE PRICE OF 1,123 HOMES WITH A POOL

$363,865

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,046,204

AVERAGE PRICE OF 435 NEWLY BUILT HOMES

$691,275

AVERAGE PRICE OF 301 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.93 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

1 bedroom $263,230
2 bedrooms $402,733
3 bedrooms $905,847
4 bedrooms $702,725
5 bedrooms $1,662,770
Phoenix Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 4,110 3,946 4,001 3,801 3,659
Average Price n/a n/a n/a n/a n/a
Avg Price Change n/a n/a n/a n/a n/a
Median Price $492,673 $495,950 $499,534 $499,449 $499,031
Med Price Change -0.67% -0.72% +0.02% +0.08% +29.96%
Avg Bedrooms 2.91 beds 2.9 beds 2.84 beds 2.92 beds 3.06 beds
Avg Bathrooms 2.37 baths 2.39 baths 2.32 baths 2.33 baths 2.42 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 377 $785,464 80 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,344 n/a 82 days
Multi-Million Dollar Homes 653 $2,140,863 86 days
Homes with a Pool 1,123 $1,123,583 112 days
Distressed Homes 10 $363,865 49 days
Newly Built Homes 435 $1,046,204 85 days
Reduced Price Homes 301 $691,275 60 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.
© 2024 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. February 20, 2024
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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