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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

$502,934

AVERAGE PRICE OF 3,346 HOMES

$368,885

AVERAGE PRICE OF 14 DISTRESSED HOMES

$1,992,367

AVERAGE PRICE OF 257 MULTI-MILLION DOLLAR HOMES

$737,343

AVERAGE PRICE OF 299 NEWLY BUILT HOMES

$870,533

AVERAGE PRICE OF 794 HOMES WITH A POOL

$582,733

AVERAGE PRICE OF 62 REDUCED PRICE HOMES

Average Home

Average Price $502,934
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $224,621
2 bedrooms $291,583
3 bedrooms $409,521
4 bedrooms $617,813
5 bedrooms $1,008,615
Phoenix Home Price Trends
  1/2021 12/2020 11/2020 10/2020 9/2020
Total Listings 3,397 3,858 4,397 4,515 4,380
Average Price $485,788 $470,486 $469,947 $472,082 $475,974
Avg Price Change +3.25% +0.11% -0.45% -0.82% +1.88%
Median Price $335,790 $330,029 $333,403 $335,291 $335,868
Med Price Change +1.75% -1.02% -0.57% -0.17% +0.83%
Avg Bedrooms 3.17 beds 3.17 beds 3.19 beds 3.21 beds 3.23 beds
Avg Bathrooms 2.34 baths 2.33 baths 2.34 baths 2.39 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 155 $403,114 36 days
Camelback High School 361 $751,354 60 days
Central High School 278 $493,380 48 days
North High School 186 $444,106 55 days
Paradise Valley High School 142 $402,178 28 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,346 $502,934 46 days
Distressed Homes 14 $368,885 92 days
Multi-Million Dollar Homes 257 $1,992,367 98 days
Newly Built Homes 299 $737,343 116 days
Homes with a Pool 794 $870,533 43 days
Reduced Price Homes 62 $582,733 42 days
Keller Williams Northeast Realty - Integrity Home Group
Alex Fajardo
2005 W Happy Valley Rd #150
Phoenix, AZ 85085
720-999-6818

© 2021 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 Mike Nelson (8th Site) Keller Williams Northeast Realty 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 28, 2021
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