If you need assistance, please call 480-907-5097

Phoenix Market Report

$718,395

AVERAGE PRICE OF 5,470 HOMES

$392,522

AVERAGE PRICE OF 33 DISTRESSED HOMES

$2,188,166

AVERAGE PRICE OF 785 MULTI-MILLION DOLLAR HOMES

$1,141,297

AVERAGE PRICE OF 340 NEWLY BUILT HOMES

$1,080,567

AVERAGE PRICE OF 1,410 HOMES WITH A POOL

$672,436

AVERAGE PRICE OF 436 REDUCED PRICE HOMES

Average Home

Average Price $718,395
Avg Bedrooms 2.83 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $412,235
2 bedrooms $371,101
3 bedrooms $563,117
4 bedrooms $859,285
5 bedrooms $1,451,553
Phoenix Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 4,948 4,901 5,294 5,284 4,981
Average Price $702,886 $685,096 $689,818 $687,856 $691,090
Avg Price Change +2.60% -0.69% +0.29% -0.47% +0.43%
Median Price $472,766 $462,321 $464,127 $470,210 $474,991
Med Price Change +2.26% -0.39% -1.31% -1.02% -0.82%
Avg Bedrooms 2.82 beds 2.79 beds 2.8 beds 2.81 beds 2.82 beds
Avg Bathrooms 2.2 baths 2.18 baths 2.18 baths 2.18 baths 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 464 $991,245 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,470 $718,395 83 days
Distressed Homes 33 $392,522 61 days
Multi-Million Dollar Homes 785 $2,188,166 100 days
Newly Built Homes 340 $1,141,297 113 days
Homes with a Pool 1,410 $1,080,567 74 days
Reduced Price Homes 436 $672,436 74 days
Platinum Living Realty
Jay Macklin
20551 North Pima Rd. Suite 200
Scottsdale, AZ 85255
480-907-5097

© 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 Corcoran Platinum Living 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. February 8, 2025
© 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 Jay Macklin Sites 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. February 8, 2025
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