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Phoenix

Why you'd want to live in Phoenix

Phoenix is the capital of the southwestern U.S. state of Arizona. Known for its year-round sun and warm temperatures, it anchors a sprawling, multicity metropolitan area known as the Valley of the Sun. It's known for high-end spa resorts, Jack Nicklaus–designed golf courses and vibrant nightclubs. Other highlights include the Desert Botanical Garden, displaying cacti and numerous native plants. via google

Phoenix Market Report

$713,316

AVERAGE PRICE OF 4,771 HOMES

$660,092

AVERAGE PRICE OF 14 DISTRESSED HOMES

$2,092,899

AVERAGE PRICE OF 692 MULTI-MILLION DOLLAR HOMES

$1,064,827

AVERAGE PRICE OF 409 NEWLY BUILT HOMES

$1,042,413

AVERAGE PRICE OF 1,203 HOMES WITH A POOL

$654,262

AVERAGE PRICE OF 348 REDUCED PRICE HOMES

Average Home

Average Price $713,316
Avg Bedrooms 2.88 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $257,448
2 bedrooms $386,459
3 bedrooms $552,869
4 bedrooms $825,385
5 bedrooms $1,265,987
Phoenix Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 4,756 4,594 4,455 4,264 4,107
Average Price $737,276 $750,550 $736,069 $730,180 $729,886
Avg Price Change -1.80% +1.97% +0.81% +0.04% +0.84%
Median Price $498,255 $499,800 $498,422 $498,105 $492,122
Med Price Change -0.31% +0.28% +0.06% +1.22% -0.74%
Avg Bedrooms 2.87 beds 2.87 beds 2.87 beds 2.85 beds 2.82 beds
Avg Bathrooms 2.26 baths 2.26 baths 2.27 baths 2.24 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 402 $961,752 68 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,771 $713,316 68 days
Distressed Homes 14 $660,092 70 days
Multi-Million Dollar Homes 692 $2,092,899 88 days
Newly Built Homes 409 $1,064,827 102 days
Homes with a Pool 1,203 $1,042,413 64 days
Reduced Price Homes 348 $654,262 51 days
Keller Williams Northeast Realty - The Baylon Group
Bryan Baylon
2005 W. Happy Valley Rd #150
Phoenix, AZ 85085
602-410-0827

© 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 Bryan Baylon - Keller Williams Northeast Realty 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 21, 2024
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