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Phoenix Market Report

$467,005

AVERAGE PRICE OF 4,508 HOMES

$463,643

AVERAGE PRICE OF 48 DISTRESSED HOMES

$1,930,338

AVERAGE PRICE OF 282 MULTI-MILLION DOLLAR HOMES

$667,268

AVERAGE PRICE OF 440 NEWLY BUILT HOMES

$724,533

AVERAGE PRICE OF 1,346 HOMES WITH A POOL

$475,746

AVERAGE PRICE OF 320 REDUCED PRICE HOMES

Average Home

Average Price $467,005
Avg Bedrooms 3.3 beds
Avg Bathrooms 2.45 baths

Average Price by Bedrooms

1 bedroom $182,781
2 bedrooms $270,489
3 bedrooms $375,202
4 bedrooms $538,617
5 bedrooms $916,606
Phoenix Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 4,776 5,042 5,091 5,069 4,631
Average Price $466,124 $454,177 $444,956 $441,108 $440,228
Avg Price Change +2.63% +2.07% +0.87% +0.20% +1.00%
Median Price $335,131 $324,184 $316,992 $311,767 $312,504
Med Price Change +3.38% +2.27% +1.68% -0.24% +1.07%
Avg Bedrooms 3.31 beds 3.28 beds 3.28 beds 3.25 beds 3.24 beds
Avg Bathrooms 2.46 baths 2.43 baths 2.42 baths 2.39 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 222 $1,468,340 101 days
Barry Goldwater High School 230 $385,788 53 days
Camelback High School 511 $587,243 87 days
Central High School 413 $458,460 87 days
North High School 229 $429,842 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,508 $467,005 69 days
Distressed Homes 48 $463,643 77 days
Multi-Million Dollar Homes 282 $1,930,338 135 days
Newly Built Homes 440 $667,268 85 days
Homes with a Pool 1,346 $724,533 74 days
Reduced Price Homes 320 $475,746 66 days
Urban Luxe Real Estate
Dave Westbrook
7077 East 5th Avenue
Scottsdale, AZ 85251
602-980-0556

© 2019 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 Dave Westbrook - Urban Luxe Real Estate 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. June 25, 2019