If you need assistance, please call 623-777-5810

Desiree Bailon
602-668-3696

Phoenix

Phoenix Market Report

$688,730

AVERAGE PRICE OF 5,012 HOMES

$377,025

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,091,107

AVERAGE PRICE OF 663 MULTI-MILLION DOLLAR HOMES

$1,049,170

AVERAGE PRICE OF 398 NEWLY BUILT HOMES

$1,002,322

AVERAGE PRICE OF 1,226 HOMES WITH A POOL

$597,720

AVERAGE PRICE OF 361 REDUCED PRICE HOMES

Average Home

Average Price $688,730
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $248,977
2 bedrooms $375,453
3 bedrooms $534,187
4 bedrooms $798,490
5 bedrooms $1,279,575
Phoenix Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 4,682 4,602 4,741 4,756 4,594
Average Price $688,107 $696,576 $720,159 $737,276 $750,550
Avg Price Change -1.23% -3.39% -2.38% -1.80% +1.97%
Median Price $478,870 $481,634 $491,297 $498,255 $499,800
Med Price Change -0.58% -2.01% -1.42% -0.31% +0.28%
Avg Bedrooms 2.84 beds 2.85 beds 2.87 beds 2.87 beds 2.87 beds
Avg Bathrooms 2.2 baths 2.21 baths 2.24 baths 2.26 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 366 $678,905 108 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,012 $688,730 75 days
Distressed Homes 18 $377,025 82 days
Multi-Million Dollar Homes 663 $2,091,107 98 days
Newly Built Homes 398 $1,049,170 117 days
Homes with a Pool 1,226 $1,002,322 69 days
Reduced Price Homes 361 $597,720 58 days
Team Minik | West USA Realty
Michelle Minik
2920 N Litchfield Rd. Ste 100
Goodyear, AZ 85395
623-777-5810
Team Minik BBB Business Review




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© 2024 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 Michelle Minik - Winback - West USA 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. September 16, 2024
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