If you need assistance, please call 480-500-1738

Phoenix Market Report

$691,255

AVERAGE PRICE OF 3,168 HOMES

$331,509

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,985,423

AVERAGE PRICE OF 432 MULTI-MILLION DOLLAR HOMES

$1,109,587

AVERAGE PRICE OF 369 NEWLY BUILT HOMES

$1,100,770

AVERAGE PRICE OF 876 HOMES WITH A POOL

$685,011

AVERAGE PRICE OF 191 REDUCED PRICE HOMES

Average Home

Average Price $691,255
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.44 baths

Average Price by Bedrooms

1 bedroom $275,638
2 bedrooms $373,503
3 bedrooms $565,038
4 bedrooms $888,091
5 bedrooms $1,395,532
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
Total Homes Average Price Avg Days on Site
All Homes 3,168 $691,255 67 days
Distressed Homes 16 $331,509 51 days
Multi-Million Dollar Homes 432 $1,985,423 95 days
Newly Built Homes 369 $1,109,587 127 days
Homes with a Pool 876 $1,100,770 64 days
Reduced Price Homes 191 $685,011 52 days
eXp Realty | Sibbach Team
Jeff Sibbach
14301 North 87th Street, Suite #215
Scottsdale, AZ 85260
480-500-1738
UP39FF036A890641.png
Homeowners Financial Group
Eric Murrietta
16427 North Scottsdale Road
Suite #145
Scottsdale, AZ 85254
NMLS# 187940
Direct: (480) 305-8848

UP84E73EE4870049.png
Fairway Independent Mortgage
Baker Bookspan Team
Matt Baker
3225 N. Central Ave. Suite 120
Phoenix, AZ 85012
602-522-9494
NMLS ID#190779

© 2023 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 Jeff Sibbach - eXp Realty | Sibbach Team 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. June 7, 2023
This site powered by CINC: www.cincpro.com