If you need assistance, please call 480-694-1350

Phoenix Market Report

$719,555

AVERAGE PRICE OF 6,218 HOMES

$462,159

AVERAGE PRICE OF 36 DISTRESSED HOMES

$2,174,661

AVERAGE PRICE OF 896 MULTI-MILLION DOLLAR HOMES

$1,126,318

AVERAGE PRICE OF 405 NEWLY BUILT HOMES

$1,088,419

AVERAGE PRICE OF 1,630 HOMES WITH A POOL

$657,563

AVERAGE PRICE OF 557 REDUCED PRICE HOMES

Average Home

Average Price $719,555
Avg Bedrooms 2.85 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $385,304
2 bedrooms $369,309
3 bedrooms $560,691
4 bedrooms $908,524
5 bedrooms $1,341,300
Phoenix Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 5,644 4,948 4,901 5,294 5,284
Average Price $720,990 $702,886 $685,096 $689,818 $687,856
Avg Price Change +2.58% +2.60% -0.69% +0.29% -0.47%
Median Price $481,809 $472,766 $462,321 $464,127 $470,210
Med Price Change +1.91% +2.26% -0.39% -1.31% -1.02%
Avg Bedrooms 2.83 beds 2.82 beds 2.79 beds 2.8 beds 2.81 beds
Avg Bathrooms 2.22 baths 2.2 baths 2.18 baths 2.18 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 510 $969,262 77 days
Total Homes Average Price Avg Days on Site
All Homes 6,218 $719,555 79 days
Distressed Homes 36 $462,159 50 days
Multi-Million Dollar Homes 896 $2,174,661 93 days
Newly Built Homes 405 $1,126,318 102 days
Homes with a Pool 1,630 $1,088,419 68 days
Reduced Price Homes 557 $657,563 69 days
CPA Advantage Realty
Chris Castillo
10049 E Dynamite Bl., D140
Scottsdale, AZ 85262
480-694-1350

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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 Chris Castillo - CPA Advantage Realty 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. March 24, 2025
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