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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

$524,192

AVERAGE PRICE OF 3,748 HOMES

$363,596

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,970,439

AVERAGE PRICE OF 295 MULTI-MILLION DOLLAR HOMES

$807,407

AVERAGE PRICE OF 298 NEWLY BUILT HOMES

$880,839

AVERAGE PRICE OF 893 HOMES WITH A POOL

$666,933

AVERAGE PRICE OF 95 REDUCED PRICE HOMES

Average Home

Average Price $524,192
Avg Bedrooms 3.15 beds
Avg Bathrooms 2.35 baths

Average Price by Bedrooms

1 bedroom $240,577
2 bedrooms $311,264
3 bedrooms $449,130
4 bedrooms $659,813
5 bedrooms $961,131
Phoenix Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 3,520 3,399 3,476 3,397 3,858
Average Price $536,052 $514,345 $495,160 $485,788 $470,486
Avg Price Change +4.22% +3.87% +1.93% +3.25% +0.11%
Median Price $372,193 $356,164 $346,653 $335,790 $330,029
Med Price Change +4.50% +2.74% +3.24% +1.75% -1.02%
Avg Bedrooms 3.19 beds 3.18 beds 3.17 beds 3.17 beds 3.17 beds
Avg Bathrooms 2.36 baths 2.34 baths 2.33 baths 2.34 baths 2.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 189 $441,631 30 days
Camelback High School 367 $718,799 59 days
Central High School 296 $562,652 39 days
North High School 184 $519,803 51 days
Paradise Valley High School 173 $431,762 25 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,748 $524,192 38 days
Distressed Homes 16 $363,596 82 days
Multi-Million Dollar Homes 295 $1,970,439 83 days
Newly Built Homes 298 $807,407 121 days
Homes with a Pool 893 $880,839 36 days
Reduced Price Homes 95 $666,933 31 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. May 15, 2021
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