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Phoenix

Phoenix Market Report

$711,439

AVERAGE PRICE OF 6,316 HOMES

$480,720

AVERAGE PRICE OF 38 DISTRESSED HOMES

$2,152,620

AVERAGE PRICE OF 899 MULTI-MILLION DOLLAR HOMES

$1,239,148

AVERAGE PRICE OF 385 NEWLY BUILT HOMES

$1,065,758

AVERAGE PRICE OF 1,699 HOMES WITH A POOL

$693,877

AVERAGE PRICE OF 550 REDUCED PRICE HOMES

Average Home

Average Price $711,439
Avg Bedrooms 2.89 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $386,429
2 bedrooms $350,021
3 bedrooms $558,872
4 bedrooms $877,196
5 bedrooms $1,323,093
Phoenix Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 6,499 6,338 6,083 5,644 4,948
Average Price $719,952 $714,656 $723,272 $720,990 $702,886
Avg Price Change +0.74% -1.21% +0.32% +2.58% +2.60%
Median Price $479,618 $477,084 $483,739 $481,809 $472,766
Med Price Change +0.53% -1.39% +0.40% +1.91% +2.26%
Avg Bedrooms 2.87 beds 2.85 beds 2.84 beds 2.83 beds 2.82 beds
Avg Bathrooms 2.25 baths 2.24 baths 2.23 baths 2.22 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 529 $902,056 80 days
Total Homes Average Price Avg Days on Site
All Homes 6,316 $711,439 85 days
Distressed Homes 38 $480,720 81 days
Multi-Million Dollar Homes 899 $2,152,620 101 days
Newly Built Homes 385 $1,239,148 109 days
Homes with a Pool 1,699 $1,065,758 75 days
Reduced Price Homes 550 $693,877 70 days
Team Minik | Realty of America
Michelle Minik
1300 S Litchfield Rd STE 220P
Goodyear, AZ 85338
623-777-5810
Team Minik BBB Business Review




© 2025 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 - Realty of America 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. June 12, 2025
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