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Phoenix Market Report

$574,839

AVERAGE PRICE OF 4,396 HOMES

$329,200

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,847,320

AVERAGE PRICE OF 361 MULTI-MILLION DOLLAR HOMES

$932,895

AVERAGE PRICE OF 362 NEWLY BUILT HOMES

$845,035

AVERAGE PRICE OF 1,172 HOMES WITH A POOL

$543,091

AVERAGE PRICE OF 397 REDUCED PRICE HOMES

Average Home

Average Price $574,839
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $281,346
2 bedrooms $362,649
3 bedrooms $496,022
4 bedrooms $729,327
5 bedrooms $1,052,321
Phoenix Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 4,766 4,996 5,167 5,084 4,879
Average Price $572,731 $581,787 $582,802 $591,883 $603,023
Avg Price Change -1.58% -0.17% -1.56% -1.88% n/a
Median Price $435,735 $446,806 $451,156 $458,146 $465,000
Med Price Change -2.54% -0.97% -1.55% -1.50% n/a
Avg Bedrooms 3.19 beds 3.2 beds 3.19 beds 3.2 beds 3.21 beds
Avg Bathrooms 2.27 baths 2.27 baths 2.26 baths 2.26 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 258 $533,675 80 days
Camelback High School 301 $793,467 73 days
Central High School 339 $660,772 79 days
North High School 189 $600,826 77 days
South Mountain High School 210 $495,772 72 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,396 $574,839 77 days
Distressed Homes 10 $329,200 30 days
Multi-Million Dollar Homes 361 $1,847,320 100 days
Newly Built Homes 362 $932,895 124 days
Homes with a Pool 1,172 $845,035 76 days
Reduced Price Homes 397 $543,091 70 days
Realty One Group
Tom & Annie Oddo
17235 N 75th Ave, Suite C-109
Glendale, AZ 85308
623-258-2425

© 2022 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 Tom Oddo 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. December 5, 2022
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