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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

$596,868

AVERAGE PRICE OF 4,962 HOMES

$534,985

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,733,165

AVERAGE PRICE OF 438 MULTI-MILLION DOLLAR HOMES

$944,351

AVERAGE PRICE OF 364 NEWLY BUILT HOMES

$862,085

AVERAGE PRICE OF 1,319 HOMES WITH A POOL

$539,949

AVERAGE PRICE OF 691 REDUCED PRICE HOMES

Average Home

Average Price $596,868
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $307,210
2 bedrooms $379,367
3 bedrooms $523,825
4 bedrooms $715,651
5 bedrooms $1,036,589
Phoenix Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 4,879 n/a n/a n/a 2,942
Average Price $603,023 n/a n/a n/a $599,078
Avg Price Change n/a n/a n/a n/a +2.72%
Median Price $465,000 n/a n/a n/a $451,508
Med Price Change n/a n/a n/a n/a +2.28%
Avg Bedrooms 3.21 beds n/a n/a n/a 3.23 beds
Avg Bathrooms 2.26 baths n/a n/a n/a 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 274 $548,910 40 days
Camelback High School 365 $751,927 54 days
Central High School 329 $635,437 50 days
Paradise Valley High School 226 $559,459 40 days
Pinnacle High School 256 $746,261 45 days
Total Homes Average Price Avg Days on Site
All Homes 4,962 $596,868 47 days
Distressed Homes 7 $534,985 19 days
Multi-Million Dollar Homes 438 $1,733,165 71 days
Newly Built Homes 364 $944,351 114 days
Homes with a Pool 1,319 $862,085 46 days
Reduced Price Homes 691 $539,949 43 days