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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

$713,898

AVERAGE PRICE OF 5,101 HOMES

$366,736

AVERAGE PRICE OF 25 DISTRESSED HOMES

$2,196,011

AVERAGE PRICE OF 715 MULTI-MILLION DOLLAR HOMES

$1,241,832

AVERAGE PRICE OF 341 NEWLY BUILT HOMES

$1,083,520

AVERAGE PRICE OF 1,282 HOMES WITH A POOL

$644,794

AVERAGE PRICE OF 347 REDUCED PRICE HOMES

Average Home

Average Price $713,898
Avg Bedrooms 2.83 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $424,742
2 bedrooms $368,558
3 bedrooms $553,884
4 bedrooms $835,683
5 bedrooms $1,476,925
Phoenix Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 4,901 5,294 5,284 4,981 4,682
Average Price $685,096 $689,818 $687,856 $691,090 $688,107
Avg Price Change -0.69% +0.29% -0.47% +0.43% -1.23%
Median Price $462,321 $464,127 $470,210 $474,991 $478,870
Med Price Change -0.39% -1.31% -1.02% -0.82% -0.58%
Avg Bedrooms 2.79 beds 2.8 beds 2.81 beds 2.82 beds 2.84 beds
Avg Bathrooms 2.18 baths 2.18 baths 2.18 baths 2.19 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 418 $977,445 86 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,101 $713,898 86 days
Distressed Homes 25 $366,736 64 days
Multi-Million Dollar Homes 715 $2,196,011 104 days
Newly Built Homes 341 $1,241,832 110 days
Homes with a Pool 1,282 $1,083,520 78 days
Reduced Price Homes 347 $644,794 80 days
Keller Williams Northeast Realty - The Baylon Group
Bryan Baylon
2005 W. Happy Valley Rd #150
Phoenix, AZ 85085
602-410-0827

© 2025 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. January 21, 2025
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