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Phoenix Market Report

$534,009

AVERAGE PRICE OF 3,688 HOMES

$360,655

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,972,537

AVERAGE PRICE OF 271 MULTI-MILLION DOLLAR HOMES

$912,156

AVERAGE PRICE OF 257 NEWLY BUILT HOMES

$863,357

AVERAGE PRICE OF 915 HOMES WITH A POOL

$494,685

AVERAGE PRICE OF 172 REDUCED PRICE HOMES

Average Home

Average Price $534,009
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $247,850
2 bedrooms $334,993
3 bedrooms $457,918
4 bedrooms $655,769
5 bedrooms $1,035,941
Phoenix Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 3,586 3,657 3,520 3,399 3,476
Average Price $535,563 $530,037 $536,052 $514,345 $495,160
Avg Price Change +1.04% -1.13% +4.22% +3.87% +1.93%
Median Price $386,803 $377,280 $372,193 $356,164 $346,653
Med Price Change +2.52% +1.37% +4.50% +2.74% +3.24%
Avg Bedrooms 3.16 beds 3.15 beds 3.19 beds 3.18 beds 3.17 beds
Avg Bathrooms 2.29 baths 2.33 baths 2.36 baths 2.34 baths 2.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 174 $463,441 29 days
Camelback High School 329 $650,923 63 days
Central High School 317 $586,317 48 days
North High School 187 $528,391 57 days
Paradise Valley High School 175 $447,813 30 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,688 $534,009 42 days
Distressed Homes 9 $360,655 100 days
Multi-Million Dollar Homes 271 $1,972,537 91 days
Newly Built Homes 257 $912,156 143 days
Homes with a Pool 915 $863,357 39 days
Reduced Price Homes 172 $494,685 33 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. July 30, 2021
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