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Phoenix Market Report

$28,347

AVERAGE PRICE OF 6,208 HOMES

$2,174,842

AVERAGE PRICE OF 895 MULTI-MILLION DOLLAR HOMES

$1,089,943

AVERAGE PRICE OF 1,626 HOMES WITH A POOL

$462,159

AVERAGE PRICE OF 36 DISTRESSED HOMES

$1,126,926

AVERAGE PRICE OF 404 NEWLY BUILT HOMES

$673,605

AVERAGE PRICE OF 549 REDUCED PRICE HOMES

Average Home

Average Price $28,347
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $318,546
2 bedrooms $305,925
3 bedrooms $926,279
4 bedrooms $875,626
5 bedrooms $1,346,023
Phoenix Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 5,654 4,958 4,910 5,306 5,296
Average Price n/a n/a n/a n/a n/a
Avg Price Change n/a n/a n/a n/a n/a
Median Price n/a n/a n/a n/a n/a
Med Price Change n/a n/a n/a n/a n/a
Avg Bedrooms 2.44 beds 2.08 beds 1.89 beds 2.42 beds 2.47 beds
Avg Bathrooms 2.07 baths 1.79 baths 1.48 baths 1.71 baths 1.94 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 511 $968,162 76 days
Other 3 $519,666 37 days
Total Homes Average Price Avg Days on Site
All Homes 6,208 $28,347 68 days
Multi-Million Dollar Homes 895 $2,174,842 145 days
Homes with a Pool 1,626 $1,089,943 41 days
Distressed Homes 36 $462,159 49 days
Newly Built Homes 404 $1,126,926 102 days
Reduced Price Homes 549 $673,605 70 days

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© 2025 Northern Arizona Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Northern Arizona Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Cassie Hendricks - Forest Properties Inc. are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little house) and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. March 22, 2025
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