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

Phoenix Market Report

$720,027

AVERAGE PRICE OF 6,537 HOMES

$483,775

AVERAGE PRICE OF 35 DISTRESSED HOMES

$2,149,069

AVERAGE PRICE OF 962 MULTI-MILLION DOLLAR HOMES

$1,143,226

AVERAGE PRICE OF 409 NEWLY BUILT HOMES

$1,089,917

AVERAGE PRICE OF 1,747 HOMES WITH A POOL

$717,782

AVERAGE PRICE OF 577 REDUCED PRICE HOMES

Average Home

Average Price $720,027
Avg Bedrooms 2.86 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $380,456
2 bedrooms $372,896
3 bedrooms $562,654
4 bedrooms $893,276
5 bedrooms $1,405,208
Phoenix Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 6,083 5,644 4,948 4,901 5,294
Average Price $723,272 $720,990 $702,886 $685,096 $689,818
Avg Price Change +0.32% +2.58% +2.60% -0.69% +0.29%
Median Price $483,739 $481,809 $472,766 $462,321 $464,127
Med Price Change +0.40% +1.91% +2.26% -0.39% -1.31%
Avg Bedrooms 2.84 beds 2.83 beds 2.82 beds 2.79 beds 2.8 beds
Avg Bathrooms 2.23 baths 2.22 baths 2.2 baths 2.18 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 550 $935,823 76 days
Total Homes Average Price Avg Days on Site
All Homes 6,537 $720,027 78 days
Distressed Homes 35 $483,775 69 days
Multi-Million Dollar Homes 962 $2,149,069 93 days
Newly Built Homes 409 $1,143,226 102 days
Homes with a Pool 1,747 $1,089,917 69 days
Reduced Price Homes 577 $717,782 66 days
The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395
480-365-8346



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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 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. April 27, 2025
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