If you need assistance, please call 480-747-7064

Sam Gerardi
480-409-8716
BR677371000

Phoenix Market Report

$690,458

AVERAGE PRICE OF 6,060 HOMES

$448,028

AVERAGE PRICE OF 35 DISTRESSED HOMES

$2,102,197

AVERAGE PRICE OF 828 MULTI-MILLION DOLLAR HOMES

$1,246,188

AVERAGE PRICE OF 363 NEWLY BUILT HOMES

$1,018,278

AVERAGE PRICE OF 1,570 HOMES WITH A POOL

$597,076

AVERAGE PRICE OF 352 REDUCED PRICE HOMES

Average Home

Average Price $690,458
Avg Bedrooms 2.86 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $393,549
2 bedrooms $343,687
3 bedrooms $546,381
4 bedrooms $835,306
5 bedrooms $1,308,006
Phoenix Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 6,336 6,499 6,338 6,083 5,644
Average Price $711,151 $719,952 $714,656 $723,272 $720,990
Avg Price Change -1.24% +0.74% -1.21% +0.32% +2.58%
Median Price $477,365 $479,618 $477,084 $483,739 $481,809
Med Price Change -0.47% +0.53% -1.39% +0.40% +1.91%
Avg Bedrooms 2.88 beds 2.87 beds 2.85 beds 2.84 beds 2.83 beds
Avg Bathrooms 2.25 baths 2.25 baths 2.24 baths 2.23 baths 2.22 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 483 $666,113 107 days
Total Homes Average Price Avg Days on Site
All Homes 6,060 $690,458 88 days
Distressed Homes 35 $448,028 98 days
Multi-Million Dollar Homes 828 $2,102,197 106 days
Newly Built Homes 363 $1,246,188 112 days
Homes with a Pool 1,570 $1,018,278 81 days
Reduced Price Homes 352 $597,076 75 days
The Synergy Team at My Home Group
The Synergy Team
1840 East Warner Road Suite 124
Tempe, AZ 85284
480-747-7064
CARRIE HUGHES Senior Loan Officer
Call or Text: 623.680.9046
2055 E Centennial Cir, Tempe, AZ 85284
NMLS-240551

Fair Housing/Equal Opportunity
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© 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 Jasson Dellacroce - The Synergy Team / My Home Group 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 8, 2025
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