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

Phoenix Market Report

$479,218

AVERAGE PRICE OF 4,443 HOMES

$400,434

AVERAGE PRICE OF 26 DISTRESSED HOMES

$1,906,056

AVERAGE PRICE OF 308 MULTI-MILLION DOLLAR HOMES

$567,602

AVERAGE PRICE OF 565 NEWLY BUILT HOMES

$815,295

AVERAGE PRICE OF 1,102 HOMES WITH A POOL

$487,136

AVERAGE PRICE OF 170 REDUCED PRICE HOMES

Average Home

Average Price $479,218
Avg Bedrooms 3.23 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $238,047
2 bedrooms $274,255
3 bedrooms $390,653
4 bedrooms $567,357
5 bedrooms $950,704
Phoenix Home Price Trends
  8/2020 7/2020 6/2020 5/2020 4/2020
Total Listings 4,260 4,406 4,776 4,799 4,799
Average Price $467,212 $461,438 $454,719 $448,689 $451,924
Avg Price Change +1.25% +1.48% +1.34% -0.72% -4.24%
Median Price $333,119 $328,896 $324,590 $319,231 $319,103
Med Price Change +1.28% +1.33% +1.68% +0.04% -4.79%
Avg Bedrooms 3.24 beds 3.24 beds 3.23 beds 3.22 beds 3.23 beds
Avg Bathrooms 2.37 baths 2.37 baths 2.38 baths 2.37 baths 2.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 237 $373,119 32 days
Camelback High School 428 $656,203 62 days
Central High School 337 $535,453 55 days
North High School 229 $444,274 58 days
Pinnacle High School 249 $540,418 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,443 $479,218 49 days
Distressed Homes 26 $400,434 87 days
Multi-Million Dollar Homes 308 $1,906,056 106 days
Newly Built Homes 565 $567,602 90 days
Homes with a Pool 1,102 $815,295 49 days
Reduced Price Homes 170 $487,136 36 days
eXp Realty | Sibbach Team
Jeff Sibbach
14301 North 87th Street, Suite #215
Scottsdale, AZ 85260
480-500-1738
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Homeowners Financial Group
Eric Murrietta
16427 North Scottsdale Road
Suite #145
Scottsdale, AZ 85254
NMLS# 187940
Direct: (480) 305-8848

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

© 2020 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. September 18, 2020
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