If you need assistance, please call 602-410-0827

Phoenix Market Report

$721,580

AVERAGE PRICE OF 6,244 HOMES

$460,303

AVERAGE PRICE OF 39 DISTRESSED HOMES

$2,179,359

AVERAGE PRICE OF 903 MULTI-MILLION DOLLAR HOMES

$1,116,760

AVERAGE PRICE OF 411 NEWLY BUILT HOMES

$1,091,950

AVERAGE PRICE OF 1,639 HOMES WITH A POOL

$671,983

AVERAGE PRICE OF 563 REDUCED PRICE HOMES

Average Home

Average Price $721,580
Avg Bedrooms 2.85 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $382,344
2 bedrooms $370,985
3 bedrooms $563,428
4 bedrooms $903,222
5 bedrooms $1,361,767
Phoenix Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 5,644 4,948 4,901 5,294 5,284
Average Price $720,990 $702,886 $685,096 $689,818 $687,856
Avg Price Change +2.58% +2.60% -0.69% +0.29% -0.47%
Median Price $481,809 $472,766 $462,321 $464,127 $470,210
Med Price Change +1.91% +2.26% -0.39% -1.31% -1.02%
Avg Bedrooms 2.83 beds 2.82 beds 2.79 beds 2.8 beds 2.81 beds
Avg Bathrooms 2.22 baths 2.2 baths 2.18 baths 2.18 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 513 $972,938 79 days
Total Homes Average Price Avg Days on Site
All Homes 6,244 $721,580 80 days
Distressed Homes 39 $460,303 54 days
Multi-Million Dollar Homes 903 $2,179,359 94 days
Newly Built Homes 411 $1,116,760 102 days
Homes with a Pool 1,639 $1,091,950 69 days
Reduced Price Homes 563 $671,983 72 days
Keller Williams Northeast Realty - The Baylon Group
Bryan Baylon
2005 W. Happy Valley Rd #150
Phoenix, AZ 85085
602-410-0827

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© 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. March 27, 2025
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