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Sam Gerardi
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Phoenix Market Report

$687,398

AVERAGE PRICE OF 5,341 HOMES

$383,183

AVERAGE PRICE OF 19 DISTRESSED HOMES

$2,082,844

AVERAGE PRICE OF 715 MULTI-MILLION DOLLAR HOMES

$1,135,622

AVERAGE PRICE OF 374 NEWLY BUILT HOMES

$999,288

AVERAGE PRICE OF 1,341 HOMES WITH A POOL

$629,490

AVERAGE PRICE OF 298 REDUCED PRICE HOMES

Average Home

Average Price $687,398
Avg Bedrooms 2.8 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $249,947
2 bedrooms $371,203
3 bedrooms $537,640
4 bedrooms $802,708
5 bedrooms $1,369,517
Phoenix Home Price Trends
  10/2024 9/2024 8/2024 7/2024 6/2024
Total Listings 5,284 4,981 4,682 4,602 4,741
Average Price $687,856 $691,090 $688,107 $696,576 $720,159
Avg Price Change -0.47% +0.43% -1.23% -3.39% -2.38%
Median Price $470,210 $474,991 $478,870 $481,634 $491,297
Med Price Change -1.02% -0.82% -0.58% -2.01% -1.42%
Avg Bedrooms 2.81 beds 2.82 beds 2.84 beds 2.85 beds 2.87 beds
Avg Bathrooms 2.18 baths 2.19 baths 2.2 baths 2.21 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 428 $895,203 71 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,341 $687,398 76 days
Distressed Homes 19 $383,183 67 days
Multi-Million Dollar Homes 715 $2,082,844 93 days
Newly Built Homes 374 $1,135,622 121 days
Homes with a Pool 1,341 $999,288 69 days
Reduced Price Homes 298 $629,490 66 days