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Phoenix Market Report

$505,724

AVERAGE PRICE OF 3,049 HOMES

$494,718

AVERAGE PRICE OF 31 DISTRESSED HOMES

$1,968,233

AVERAGE PRICE OF 249 MULTI-MILLION DOLLAR HOMES

$710,207

AVERAGE PRICE OF 315 NEWLY BUILT HOMES

$823,762

AVERAGE PRICE OF 870 HOMES WITH A POOL

$554,469

AVERAGE PRICE OF 185 REDUCED PRICE HOMES

Average Home

Average Price $505,724
Avg Bedrooms 3.3 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

1 bedroom $230,760
2 bedrooms $294,346
3 bedrooms $391,407
4 bedrooms $583,353
5 bedrooms $1,001,803
Phoenix Home Price Trends
  12/2019 11/2019 10/2019 9/2019 8/2019
Total Listings 3,280 3,690 3,820 3,770 3,863
Average Price $484,375 $474,340 $471,795 $469,693 $465,160
Avg Price Change +2.12% +0.54% +0.45% +0.97% +0.40%
Median Price $338,331 $330,988 $329,698 $335,014 $337,230
Med Price Change +2.22% +0.39% -1.61% -0.66% -0.65%
Avg Bedrooms 3.29 beds 3.28 beds 3.26 beds 3.27 beds 3.28 beds
Avg Bathrooms 2.44 baths 2.47 baths 2.44 baths 2.43 baths 2.43 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 149 $399,041 62 days
Camelback High School 319 $760,021 90 days
Central High School 275 $530,926 98 days
North High School 156 $442,117 78 days
Pinnacle High School 127 $505,966 73 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,049 $505,724 70 days
Distressed Homes 31 $494,718 99 days
Multi-Million Dollar Homes 249 $1,968,233 130 days
Newly Built Homes 315 $710,207 104 days
Homes with a Pool 870 $823,762 79 days
Reduced Price Homes 185 $554,469 78 days
North & Co. - The Hunter Durham Team
Ed Durham
5635 E Thomas Rd
Phoenix, AZ 85018
602-315-4817
602-315-4817 Cell
602-714-7000 Office

© 2020 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 Ed Durham - North & Co - Hunter Durham Team 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. January 18, 2020