Phoenix Market Report

$623,439

AVERAGE PRICE OF 2,967 HOMES

$319,354

AVERAGE PRICE OF 11 DISTRESSED HOMES

$1,897,727

AVERAGE PRICE OF 294 MULTI-MILLION DOLLAR HOMES

$1,100,308

AVERAGE PRICE OF 191 NEWLY BUILT HOMES

$947,337

AVERAGE PRICE OF 805 HOMES WITH A POOL

$701,719

AVERAGE PRICE OF 107 REDUCED PRICE HOMES

Average Home

Average Price $623,439
Avg Bedrooms 2.61 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $263,739
2 bedrooms $359,805
3 bedrooms $527,439
4 bedrooms $758,366
5 bedrooms $1,212,845
Phoenix Home Price Trends
  4/2022 3/2022 2/2022 1/2022 12/2021
Total Listings n/a 2,942 2,990 2,872 3,360
Average Price n/a $599,078 $583,174 $569,009 $558,480
Avg Price Change n/a +2.73% +2.49% +1.89% +0.27%
Median Price n/a $451,508 $441,429 $434,277 $426,733
Med Price Change n/a +2.28% +1.65% +1.77% +0.45%
Avg Bedrooms n/a 3.23 beds 3.6 beds 3.6 beds 3.35 beds
Avg Bathrooms n/a 2.39 baths 2.67 baths 2.64 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 132 $550,098 27 days
Camelback High School 228 $883,690 50 days
Central High School 227 $613,061 39 days
North High School 173 $645,627 63 days
Other 1 $334,000 5 days
Paradise Valley High School 127 $567,459 24 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,967 $623,439 22 days
Distressed Homes 11 $319,354 65 days
Multi-Million Dollar Homes 294 $1,897,727 71 days
Newly Built Homes 191 $1,100,308 152 days
Homes with a Pool 805 $947,337 21 days
Reduced Price Homes 107 $701,719 33 days
eXp Realty - Higher Living
Ben Marquez
404 S. Mill Ave Suite C-201
Tempe, AZ 85821

© 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 Ben Marquez - eXp Realty/Higher Living 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. May 21, 2022
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Ben Marquez - eXp Realty/Higher Living are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved.
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