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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 google

Phoenix Market Report

$553,787

AVERAGE PRICE OF 3,864 HOMES

$381,840

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,893,672

AVERAGE PRICE OF 291 MULTI-MILLION DOLLAR HOMES

$868,380

AVERAGE PRICE OF 306 NEWLY BUILT HOMES

$820,863

AVERAGE PRICE OF 1,031 HOMES WITH A POOL

$578,267

AVERAGE PRICE OF 156 REDUCED PRICE HOMES

Average Home

Average Price $553,787
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $251,627
2 bedrooms $349,651
3 bedrooms $488,255
4 bedrooms $673,994
5 bedrooms $930,113
Phoenix Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 3,892 3,802 3,635 3,586 3,657
Average Price $537,338 $535,645 $536,664 $535,563 $530,037
Avg Price Change +0.32% -0.19% +0.21% +1.04% -1.13%
Median Price $405,161 $399,087 $398,910 $386,803 $377,280
Med Price Change +1.52% +0.04% +3.13% +2.52% +1.37%
Avg Bedrooms 3.19 beds 3.17 beds 3.19 beds 3.16 beds 3.15 beds
Avg Bathrooms 2.28 baths 2.28 baths 2.29 baths 2.29 baths 2.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 178 $518,619 36 days
Camelback High School 297 $744,845 58 days
Central High School 313 $593,042 57 days
North High School 207 $546,270 69 days
Paradise Valley High School 169 $463,018 36 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,864 $553,787 45 days
Distressed Homes 10 $381,840 86 days
Multi-Million Dollar Homes 291 $1,893,672 78 days
Newly Built Homes 306 $868,380 114 days
Homes with a Pool 1,031 $820,863 40 days
Reduced Price Homes 156 $578,267 34 days
© 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 Mara Benson - Bliss Realty & Investments 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. October 28, 2021
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