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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

$733,040

AVERAGE PRICE OF 4,343 HOMES

$609,822

AVERAGE PRICE OF 9 DISTRESSED HOMES

$2,163,102

AVERAGE PRICE OF 643 MULTI-MILLION DOLLAR HOMES

$1,055,395

AVERAGE PRICE OF 415 NEWLY BUILT HOMES

$1,112,509

AVERAGE PRICE OF 1,153 HOMES WITH A POOL

$675,538

AVERAGE PRICE OF 322 REDUCED PRICE HOMES

Average Home

Average Price $733,040
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $257,314
2 bedrooms $402,473
3 bedrooms $562,167
4 bedrooms $861,800
5 bedrooms $1,442,930
Phoenix Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 4,264 4,107 3,941 3,997 3,796
Average Price $730,180 $729,886 $723,807 $727,883 $731,006
Avg Price Change +0.04% +0.84% -0.56% -0.43% +0.81%
Median Price $498,105 $492,122 $495,779 $499,306 $499,449
Med Price Change +1.22% -0.74% -0.71% -0.03% +0.08%
Avg Bedrooms 2.85 beds 2.82 beds 2.8 beds 2.79 beds 2.77 beds
Avg Bathrooms 2.24 baths 2.2 baths 2.18 baths 2.18 baths 2.17 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 383 $958,935 60 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,343 $733,040 63 days
Distressed Homes 9 $609,822 66 days
Multi-Million Dollar Homes 643 $2,163,102 76 days
Newly Built Homes 415 $1,055,395 91 days
Homes with a Pool 1,153 $1,112,509 56 days
Reduced Price Homes 322 $675,538 56 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. March 3, 2024
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