If you need assistance, please call 480-365-8346

Phoenix Market Report

$694,708

AVERAGE PRICE OF 4,605 HOMES

$327,600

AVERAGE PRICE OF 12 DISTRESSED HOMES

$2,055,759

AVERAGE PRICE OF 634 MULTI-MILLION DOLLAR HOMES

$1,037,308

AVERAGE PRICE OF 410 NEWLY BUILT HOMES

$1,001,376

AVERAGE PRICE OF 1,149 HOMES WITH A POOL

$624,412

AVERAGE PRICE OF 402 REDUCED PRICE HOMES

Average Home

Average Price $694,708
Avg Bedrooms 2.85 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $252,595
2 bedrooms $371,307
3 bedrooms $547,384
4 bedrooms $807,016
5 bedrooms $1,296,070
Phoenix Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 4,741 4,756 4,594 4,455 4,264
Average Price $720,159 $737,276 $750,550 $736,069 $730,180
Avg Price Change -2.38% -1.80% +1.97% +0.81% +0.04%
Median Price $491,297 $498,255 $499,800 $498,422 $498,105
Med Price Change -1.42% -0.31% +0.28% +0.06% +1.22%
Avg Bedrooms 2.87 beds 2.87 beds 2.87 beds 2.87 beds 2.85 beds
Avg Bathrooms 2.24 baths 2.26 baths 2.26 baths 2.27 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 378 $678,228 94 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,605 $694,708 70 days
Distressed Homes 12 $327,600 71 days
Multi-Million Dollar Homes 634 $2,055,759 94 days
Newly Built Homes 410 $1,037,308 105 days
Homes with a Pool 1,149 $1,001,376 66 days
Reduced Price Homes 402 $624,412 57 days
The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395
480-365-8346



© 2024 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. July 16, 2024
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