If you need assistance, please call 602-386-9967

Phoenix Market Report

$733,827

AVERAGE PRICE OF 4,340 HOMES

$363,865

AVERAGE PRICE OF 10 DISTRESSED HOMES

$2,143,212

AVERAGE PRICE OF 650 MULTI-MILLION DOLLAR HOMES

$1,046,204

AVERAGE PRICE OF 435 NEWLY BUILT HOMES

$1,122,892

AVERAGE PRICE OF 1,122 HOMES WITH A POOL

$691,275

AVERAGE PRICE OF 301 REDUCED PRICE HOMES

Average Home

Average Price $733,827
Avg Bedrooms 2.85 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $263,230
2 bedrooms $402,733
3 bedrooms $561,694
4 bedrooms $865,451
5 bedrooms $1,425,540
Phoenix Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 4,107 3,941 3,997 3,796 3,655
Average Price $729,886 $723,807 $727,883 $731,006 $725,167
Avg Price Change +0.84% -0.56% -0.43% +0.81% n/a
Median Price $492,122 $495,779 $499,306 $499,449 $499,060
Med Price Change -0.74% -0.71% -0.03% +0.08% n/a
Avg Bedrooms 2.82 beds 2.8 beds 2.79 beds 2.77 beds 2.76 beds
Avg Bathrooms 2.2 baths 2.18 baths 2.18 baths 2.17 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 377 $785,464 80 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,340 $733,827 64 days
Distressed Homes 10 $363,865 49 days
Multi-Million Dollar Homes 650 $2,143,212 73 days
Newly Built Homes 435 $1,046,204 85 days
Homes with a Pool 1,122 $1,122,892 59 days
Reduced Price Homes 301 $691,275 60 days
Grigg’s Group powered by The Altman Brothers
Dan Yonker
5055 N 32nd St Suite 110
Phoenix, AZ 85018
602-386-9967

Jeff Ohm, NMLS 894175, VP/Branch Manager | NOVA® Financial & Investment Corporation, DBA NOVA® Home Loans, NMLS 3087 |BK 0902429 |Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act #4131230. Also licensed by the CA-DBO under the CFL #6036566. Loans made or arranged pursuant to a California Financing Law License. | Equal Housing Opportunity | Loan Officers on Ohm’s team: Noah Kovner, NMLS 1597298, Senior Loan Officer | Austen Dudley, NMLS 1087733, Loan Officer Associate | Privacy Policy | Fair Lending Statement | NMLS Consumer Access | Advertisement
© 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 Dan Yonker - Grigg’s Group powered by The Altman Brothers 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. February 21, 2024
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