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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

$678,269

AVERAGE PRICE OF 3,139 HOMES

$492,181

AVERAGE PRICE OF 15 DISTRESSED HOMES

$1,908,244

AVERAGE PRICE OF 413 MULTI-MILLION DOLLAR HOMES

$1,032,603

AVERAGE PRICE OF 414 NEWLY BUILT HOMES

$1,078,125

AVERAGE PRICE OF 859 HOMES WITH A POOL

$641,523

AVERAGE PRICE OF 261 REDUCED PRICE HOMES

Average Home

Average Price $678,269
Avg Bedrooms 2.1 beds
Avg Bathrooms 1.68 baths

Average Price by Bedrooms

1 bedroom $295,889
2 bedrooms $389,472
3 bedrooms $567,603
4 bedrooms $854,849
5 bedrooms $1,317,548
Phoenix Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 3,004 2,986 3,146 3,388 3,549
Average Price $662,566 $679,298 $690,636 $683,027 n/a
Avg Price Change -2.53% -1.67% +1.11% n/a n/a
Median Price $486,589 $497,434 $492,797 $481,999 $470,315
Med Price Change -2.23% +0.94% +2.24% +2.48% +3.89%
Avg Bedrooms 2.09 beds 3.19 beds 3.18 beds 3.19 beds 2.59 beds
Avg Bathrooms 1.68 baths 2.38 baths 2.4 baths 2.43 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 190 $604,801 51 days
Camelback High School 279 $945,030 69 days
Central High School 320 $707,951 111 days
North High School 154 $635,239 65 days
Other 1 $325,000 56 days
Pinnacle High School 186 $814,145 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,139 $678,269 60 days
Distressed Homes 15 $492,181 22 days
Multi-Million Dollar Homes 413 $1,908,244 92 days
Newly Built Homes 414 $1,032,603 136 days
Homes with a Pool 859 $1,078,125 58 days
Reduced Price Homes 261 $641,523 50 days
Bliss Realty & Investments
1530 E Williams Field Rd, #201
Gilbert, AZ 85295
480-447-7442

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The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Mara Benson - Bliss Realty & Investments are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2023 MLS of Southern Arizona. All Rights Reserved.
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