If you need assistance, please call 602-730-1111

Phoenix

Why you'd want to live in Phoenix

Phoenix is the capital of the southwestern U.S. state of Arizona. Known for its year-round sun and warm temperatures, it anchors a sprawling, multicity metropolitan area known as the Valley of the Sun. It's known for high-end spa resorts, Jack Nicklaus–designed golf courses and vibrant nightclubs. Other highlights include the Desert Botanical Garden, displaying cacti and numerous native plants. via phoenix.gov

Phoenix Market Report

$600,812

AVERAGE PRICE OF 3,908 HOMES

$344,827

AVERAGE PRICE OF 18 DISTRESSED HOMES

$1,903,417

AVERAGE PRICE OF 380 MULTI-MILLION DOLLAR HOMES

$869,205

AVERAGE PRICE OF 337 NEWLY BUILT HOMES

$920,375

AVERAGE PRICE OF 1,050 HOMES WITH A POOL

$582,014

AVERAGE PRICE OF 304 REDUCED PRICE HOMES

Average Home

Average Price $600,812
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $274,964
2 bedrooms $360,992
3 bedrooms $515,669
4 bedrooms $755,373
5 bedrooms $1,160,808
Phoenix Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 3,783 4,162 4,766 4,996 5,167
Average Price $588,099 $570,069 $572,731 $581,787 $582,802
Avg Price Change +3.16% -0.47% -1.58% -0.17% -1.56%
Median Price $431,843 $426,903 $435,735 $446,806 $451,156
Med Price Change +1.16% -2.07% -2.54% -0.97% -1.55%
Avg Bedrooms 3.16 beds 3.17 beds 3.19 beds 3.2 beds 3.19 beds
Avg Bathrooms 2.28 baths 2.27 baths 2.27 baths 2.27 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 232 $552,960 82 days
Camelback High School 299 $850,410 77 days
Central High School 321 $702,670 91 days
Cesar Chavez High School 171 $480,399 81 days
South Mountain High School 175 $481,225 83 days
Total Homes Average Price Avg Days on Site
All Homes 3,908 $600,812 82 days
Distressed Homes 18 $344,827 42 days
Multi-Million Dollar Homes 380 $1,903,417 97 days
Newly Built Homes 337 $869,205 121 days
Homes with a Pool 1,050 $920,375 81 days
Reduced Price Homes 304 $582,014 80 days