Phoenix Market Report

$664,467

AVERAGE PRICE OF 3,545 HOMES

AVERAGE PRICE OF 13 DISTRESSED HOMES

AVERAGE PRICE OF 438 MULTI-MILLION DOLLAR HOMES

AVERAGE PRICE OF 384 NEWLY BUILT HOMES

AVERAGE PRICE OF 974 HOMES WITH A POOL

AVERAGE PRICE OF 236 REDUCED PRICE HOMES

Phoenix Home Price Trends

	3/2023	2/2023	1/2023	12/2022	11/2022
Total Listings	3,689	3,976	3,783	4,162	4,766
Average Price	$645,069	$613,869	$588,099	$570,069	$572,731
Avg Price Change	+5.08%	+4.38%	+3.16%	-0.47%	-1.58%
Median Price	$452,788	$439,836	$431,843	$426,903	$435,735
Med Price Change	+2.94%	+1.85%	+1.16%	-2.07%	-2.54%
Avg Bedrooms	3.17 beds	3.16 beds	3.16 beds	3.17 beds	3.19 beds
Avg Bathrooms	2.34 baths	2.31 baths	2.28 baths	2.27 baths	2.27 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Barry Goldwater High School	218	$587,931	73 days
Camelback High School	323	$893,869	64 days
Central High School	344	$759,875	87 days
North High School	172	$678,463	68 days
Pinnacle High School	156	$781,324	54 days

Home Price by House Size