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Phoenix Market Report

$535,862

AVERAGE PRICE OF 3,851 HOMES

$389,877

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,872,697

AVERAGE PRICE OF 280 MULTI-MILLION DOLLAR HOMES

$890,157

AVERAGE PRICE OF 302 NEWLY BUILT HOMES

$804,052

AVERAGE PRICE OF 1,004 HOMES WITH A POOL

$546,342

AVERAGE PRICE OF 178 REDUCED PRICE HOMES

Average Home

Average Price $535,862
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $252,433
2 bedrooms $354,578
3 bedrooms $468,029
4 bedrooms $655,169
5 bedrooms $977,279
Phoenix Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 3,802 3,635 3,586 3,657 3,520
Average Price $535,645 $536,664 $535,563 $530,037 $536,052
Avg Price Change -0.19% +0.21% +1.04% -1.13% +4.22%
Median Price $399,087 $398,910 $386,803 $377,280 $372,193
Med Price Change +0.04% +3.13% +2.52% +1.37% +4.50%
Avg Bedrooms 3.17 beds 3.19 beds 3.16 beds 3.15 beds 3.19 beds
Avg Bathrooms 2.28 baths 2.29 baths 2.29 baths 2.33 baths 2.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 197 $494,942 31 days
Camelback High School 315 $653,133 63 days
Central High School 313 $594,013 51 days
North High School 189 $526,876 60 days
South Mountain High School 178 $425,579 34 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,851 $535,862 44 days
Distressed Homes 9 $389,877 68 days
Multi-Million Dollar Homes 280 $1,872,697 86 days
Newly Built Homes 302 $890,157 124 days
Homes with a Pool 1,004 $804,052 39 days
Reduced Price Homes 178 $546,342 41 days
Keller Williams Realty Elite- The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395
480-365-8346

© 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 Juan Grimaldo - Keller Williams Realty Professional Partners - The Grimaldo Group (WINBACK) 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, 2021
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