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

Phoenix Market Report

$714,255

AVERAGE PRICE OF 4,763 HOMES

$405,572

AVERAGE PRICE OF 11 DISTRESSED HOMES

$2,102,629

AVERAGE PRICE OF 690 MULTI-MILLION DOLLAR HOMES

$1,079,102

AVERAGE PRICE OF 408 NEWLY BUILT HOMES

$1,045,169

AVERAGE PRICE OF 1,207 HOMES WITH A POOL

$659,446

AVERAGE PRICE OF 363 REDUCED PRICE HOMES

Average Home

Average Price $714,255
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $256,496
2 bedrooms $383,672
3 bedrooms $552,694
4 bedrooms $830,490
5 bedrooms $1,268,728
Phoenix Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 4,756 4,594 4,455 4,264 4,107
Average Price $737,276 $750,550 $736,069 $730,180 $729,886
Avg Price Change -1.80% +1.97% +0.81% +0.04% +0.84%
Median Price $498,255 $499,800 $498,422 $498,105 $492,122
Med Price Change -0.31% +0.28% +0.06% +1.22% -0.74%
Avg Bedrooms 2.87 beds 2.87 beds 2.87 beds 2.85 beds 2.82 beds
Avg Bathrooms 2.26 baths 2.26 baths 2.27 baths 2.24 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 401 $973,036 69 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,763 $714,255 68 days
Distressed Homes 11 $405,572 62 days
Multi-Million Dollar Homes 690 $2,102,629 89 days
Newly Built Homes 408 $1,079,102 102 days
Homes with a Pool 1,207 $1,045,169 64 days
Reduced Price Homes 363 $659,446 56 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. June 24, 2024
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