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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

$686,243

AVERAGE PRICE OF 5,253 HOMES

$376,790

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,058,059

AVERAGE PRICE OF 710 MULTI-MILLION DOLLAR HOMES

$1,106,244

AVERAGE PRICE OF 379 NEWLY BUILT HOMES

$1,000,879

AVERAGE PRICE OF 1,291 HOMES WITH A POOL

$635,713

AVERAGE PRICE OF 397 REDUCED PRICE HOMES

Average Home

Average Price $686,243
Avg Bedrooms 2.81 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $253,247
2 bedrooms $378,031
3 bedrooms $540,059
4 bedrooms $793,995
5 bedrooms $1,351,146
Phoenix Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 4,981 4,682 4,602 4,741 4,756
Average Price $691,090 $688,107 $696,576 $720,159 $737,276
Avg Price Change +0.43% -1.23% -3.39% -2.38% -1.80%
Median Price $474,991 $478,870 $481,634 $491,297 $498,255
Med Price Change -0.82% -0.58% -2.01% -1.42% -0.31%
Avg Bedrooms 2.82 beds 2.84 beds 2.85 beds 2.87 beds 2.87 beds
Avg Bathrooms 2.19 baths 2.2 baths 2.21 baths 2.24 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 398 $912,712 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,253 $686,243 75 days
Distressed Homes 18 $376,790 81 days
Multi-Million Dollar Homes 710 $2,058,059 94 days
Newly Built Homes 379 $1,106,244 123 days
Homes with a Pool 1,291 $1,000,879 69 days
Reduced Price Homes 397 $635,713 59 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. October 12, 2024
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