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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

$576,585

AVERAGE PRICE OF 2,953 HOMES

$390,250

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,921,632

AVERAGE PRICE OF 241 MULTI-MILLION DOLLAR HOMES

$930,165

AVERAGE PRICE OF 201 NEWLY BUILT HOMES

$845,384

AVERAGE PRICE OF 800 HOMES WITH A POOL

$645,263

AVERAGE PRICE OF 67 REDUCED PRICE HOMES

Average Home

Average Price $576,585
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $241,802
2 bedrooms $354,698
3 bedrooms $497,724
4 bedrooms $705,085
5 bedrooms $1,053,077
Phoenix Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 3,358 3,828 3,903 3,892 3,802
Average Price $558,490 $556,985 $550,265 $537,338 $535,645
Avg Price Change +0.27% +1.22% +2.41% +0.32% -0.19%
Median Price $426,663 $424,830 $419,381 $405,161 $399,087
Med Price Change +0.43% +1.30% +3.51% +1.52% +0.04%
Avg Bedrooms 3.21 beds 3.2 beds 3.2 beds 3.19 beds 3.17 beds
Avg Bathrooms 2.29 baths 2.29 baths 2.28 baths 2.28 baths 2.28 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 132 $515,482 42 days
Camelback High School 233 $843,475 60 days
Central High School 214 $622,164 72 days
North Canyon High School 135 $435,573 55 days
North High School 157 $603,635 77 days
Total Homes Average Price Avg Days on Site
All Homes 2,953 $576,585 51 days
Distressed Homes 8 $390,250 74 days
Multi-Million Dollar Homes 241 $1,921,632 90 days
Newly Built Homes 201 $930,165 159 days
Homes with a Pool 800 $845,384 48 days
Reduced Price Homes 67 $645,263 35 days