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

Phoenix Market Report

$725,123

AVERAGE PRICE OF 6,095 HOMES

$476,007

AVERAGE PRICE OF 33 DISTRESSED HOMES

$2,186,231

AVERAGE PRICE OF 886 MULTI-MILLION DOLLAR HOMES

$1,144,900

AVERAGE PRICE OF 401 NEWLY BUILT HOMES

$1,102,355

AVERAGE PRICE OF 1,600 HOMES WITH A POOL

$649,622

AVERAGE PRICE OF 461 REDUCED PRICE HOMES

Average Home

Average Price $725,123
Avg Bedrooms 2.85 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $390,132
2 bedrooms $369,775
3 bedrooms $563,717
4 bedrooms $910,001
5 bedrooms $1,366,382
Phoenix Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 5,644 4,948 4,901 5,294 5,284
Average Price $720,990 $702,886 $685,096 $689,818 $687,856
Avg Price Change +2.58% +2.60% -0.69% +0.29% -0.47%
Median Price $481,809 $472,766 $462,321 $464,127 $470,210
Med Price Change +1.91% +2.26% -0.39% -1.31% -1.02%
Avg Bedrooms 2.83 beds 2.82 beds 2.79 beds 2.8 beds 2.81 beds
Avg Bathrooms 2.22 baths 2.2 baths 2.18 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 509 $980,167 77 days
Total Homes Average Price Avg Days on Site
All Homes 6,095 $725,123 79 days
Distressed Homes 33 $476,007 57 days
Multi-Million Dollar Homes 886 $2,186,231 94 days
Newly Built Homes 401 $1,144,900 102 days
Homes with a Pool 1,600 $1,102,355 69 days
Reduced Price Homes 461 $649,622 63 days
Grigg’s Group powered by The Altman Brothers
Dan Yonker
5055 N 32nd St Suite 110
Phoenix, AZ 85018
602-386-9967

Fair Housing/Equal Opportunity
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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
© 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 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. March 21, 2025
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