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

Phoenix Market Report

$688,001

AVERAGE PRICE OF 6,069 HOMES

$457,751

AVERAGE PRICE OF 33 DISTRESSED HOMES

$2,092,693

AVERAGE PRICE OF 825 MULTI-MILLION DOLLAR HOMES

$1,247,191

AVERAGE PRICE OF 361 NEWLY BUILT HOMES

$1,028,447

AVERAGE PRICE OF 1,539 HOMES WITH A POOL

$596,905

AVERAGE PRICE OF 358 REDUCED PRICE HOMES

Average Home

Average Price $688,001
Avg Bedrooms 2.86 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $391,032
2 bedrooms $344,064
3 bedrooms $542,911
4 bedrooms $835,441
5 bedrooms $1,303,085
Phoenix Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 6,336 6,499 6,338 6,083 5,644
Average Price $711,151 $719,952 $714,656 $723,272 $720,990
Avg Price Change -1.24% +0.74% -1.21% +0.32% +2.58%
Median Price $477,365 $479,618 $477,084 $483,739 $481,809
Med Price Change -0.47% +0.53% -1.39% +0.40% +1.91%
Avg Bedrooms 2.88 beds 2.87 beds 2.85 beds 2.84 beds 2.83 beds
Avg Bathrooms 2.25 baths 2.25 baths 2.24 baths 2.23 baths 2.22 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 487 $670,982 107 days
Total Homes Average Price Avg Days on Site
All Homes 6,069 $688,001 89 days
Distressed Homes 33 $457,751 102 days
Multi-Million Dollar Homes 825 $2,092,693 105 days
Newly Built Homes 361 $1,247,191 113 days
Homes with a Pool 1,539 $1,028,447 80 days
Reduced Price Homes 358 $596,905 74 days
eXp Realty | Sibbach Team
Jeff Sibbach
14301 North 87th Street, Suite #215
Scottsdale, AZ 85260
480-500-1738
Guild Mortgage Company
Baker Bookspan Team
Matt Baker
3225 N. Central Ave. Suite 120
Phoenix, AZ 85012
602-522-9494
NMLS#3274

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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 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. July 10, 2025
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