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

Severo De Los Reyes
602-758-5239

Phoenix

Phoenix Market Report

$696,416

AVERAGE PRICE OF 4,844 HOMES

$394,523

AVERAGE PRICE OF 22 DISTRESSED HOMES

$2,140,869

AVERAGE PRICE OF 662 MULTI-MILLION DOLLAR HOMES

$1,129,418

AVERAGE PRICE OF 321 NEWLY BUILT HOMES

$1,039,067

AVERAGE PRICE OF 1,200 HOMES WITH A POOL

$594,268

AVERAGE PRICE OF 361 REDUCED PRICE HOMES

Average Home

Average Price $696,416
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $426,997
2 bedrooms $367,316
3 bedrooms $539,906
4 bedrooms $817,442
5 bedrooms $1,463,127
Phoenix Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 4,901 5,294 5,284 4,981 4,682
Average Price $685,096 $689,818 $687,856 $691,090 $688,107
Avg Price Change -0.69% +0.29% -0.47% +0.43% -1.23%
Median Price $462,321 $464,127 $470,210 $474,991 $478,870
Med Price Change -0.39% -1.31% -1.02% -0.82% -0.58%
Avg Bedrooms 2.79 beds 2.8 beds 2.81 beds 2.82 beds 2.84 beds
Avg Bathrooms 2.18 baths 2.18 baths 2.18 baths 2.19 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 384 $967,527 90 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,844 $696,416 88 days
Distressed Homes 22 $394,523 67 days
Multi-Million Dollar Homes 662 $2,140,869 108 days
Newly Built Homes 321 $1,129,418 113 days
Homes with a Pool 1,200 $1,039,067 81 days
Reduced Price Homes 361 $594,268 77 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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© 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 - 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. January 12, 2025
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