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Phoenix Market Report

$720,229

AVERAGE PRICE OF 5,685 HOMES

$383,293

AVERAGE PRICE OF 32 DISTRESSED HOMES

$2,185,921

AVERAGE PRICE OF 820 MULTI-MILLION DOLLAR HOMES

$1,134,234

AVERAGE PRICE OF 359 NEWLY BUILT HOMES

$1,086,006

AVERAGE PRICE OF 1,484 HOMES WITH A POOL

$651,248

AVERAGE PRICE OF 438 REDUCED PRICE HOMES

Average Home

Average Price $720,229
Avg Bedrooms 2.83 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $396,443
2 bedrooms $375,877
3 bedrooms $567,107
4 bedrooms $881,888
5 bedrooms $1,386,035
Phoenix Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 4,955 4,909 5,303 5,290 4,985
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 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 2.65 beds 2.53 beds 2.57 beds 2.66 beds 2.56 beds
Avg Bathrooms 2.07 baths 1.91 baths 1.93 baths 1.92 baths 1.86 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 473 $980,799 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,685 $720,229 81 days
Distressed Homes 32 $383,293 65 days
Multi-Million Dollar Homes 820 $2,185,921 98 days
Newly Built Homes 359 $1,134,234 112 days
Homes with a Pool 1,484 $1,086,006 71 days
Reduced Price Homes 438 $651,248 70 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 February 16, 2025 4 PM. 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. February 16, 2025
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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