Phoenix Market Report

$691,255

AVERAGE PRICE OF 3,168 HOMES

AVERAGE PRICE OF 16 DISTRESSED HOMES

AVERAGE PRICE OF 432 MULTI-MILLION DOLLAR HOMES

AVERAGE PRICE OF 369 NEWLY BUILT HOMES

AVERAGE PRICE OF 876 HOMES WITH A POOL

AVERAGE PRICE OF 191 REDUCED PRICE HOMES

Phoenix Home Price Trends

	5/2023	4/2023	3/2023	2/2023	1/2023
Total Listings	3,388	3,548	3,689	3,976	3,783
Average Price	$683,027	$665,305	$645,069	$613,869	$588,099
Avg Price Change	+2.66%	+3.14%	+5.08%	+4.38%	+3.16%
Median Price	$481,999	$470,389	$452,788	$439,836	$431,843
Med Price Change	+2.47%	+3.89%	+2.94%	+1.85%	+1.16%
Avg Bedrooms	3.19 beds	3.18 beds	3.17 beds	3.16 beds	3.16 beds
Avg Bathrooms	2.43 baths	2.37 baths	2.34 baths	2.31 baths	2.28 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Barry Goldwater High School	185	$575,323	65 days
Camelback High School	316	$923,292	63 days
Central High School	315	$743,818	104 days
North High School	155	$768,517	74 days
Pinnacle High School	138	$803,593	55 days

Home Price by House Size