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

Phoenix Market Report

$682,685

AVERAGE PRICE OF 5,023 HOMES

$510,346

AVERAGE PRICE OF 22 DISTRESSED HOMES

$2,128,655

AVERAGE PRICE OF 656 MULTI-MILLION DOLLAR HOMES

$1,146,247

AVERAGE PRICE OF 351 NEWLY BUILT HOMES

$1,018,801

AVERAGE PRICE OF 1,211 HOMES WITH A POOL

$580,483

AVERAGE PRICE OF 308 REDUCED PRICE HOMES

Average Home

Average Price $682,685
Avg Bedrooms 2.79 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $406,463
2 bedrooms $363,006
3 bedrooms $534,391
4 bedrooms $789,440
5 bedrooms $1,500,149
Phoenix Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 5,294 5,284 4,981 4,682 4,602
Average Price $689,818 $687,856 $691,090 $688,107 $696,576
Avg Price Change +0.29% -0.47% +0.43% -1.23% -3.39%
Median Price $464,127 $470,210 $474,991 $478,870 $481,634
Med Price Change -1.31% -1.02% -0.82% -0.58% -2.01%
Avg Bedrooms 2.8 beds 2.81 beds 2.82 beds 2.84 beds 2.85 beds
Avg Bathrooms 2.18 baths 2.18 baths 2.19 baths 2.2 baths 2.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 374 $965,802 88 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,023 $682,685 86 days
Distressed Homes 22 $510,346 65 days
Multi-Million Dollar Homes 656 $2,128,655 107 days
Newly Built Homes 351 $1,146,247 119 days
Homes with a Pool 1,211 $1,018,801 79 days
Reduced Price Homes 308 $580,483 73 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
© 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. December 12, 2024
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