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

Phoenix Market Report

$683,585

AVERAGE PRICE OF 6,079 HOMES

$463,306

AVERAGE PRICE OF 32 DISTRESSED HOMES

$2,074,467

AVERAGE PRICE OF 825 MULTI-MILLION DOLLAR HOMES

$1,213,962

AVERAGE PRICE OF 368 NEWLY BUILT HOMES

$1,029,699

AVERAGE PRICE OF 1,499 HOMES WITH A POOL

$620,004

AVERAGE PRICE OF 526 REDUCED PRICE HOMES

Average Home

Average Price $683,585
Avg Bedrooms 2.85 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $391,930
2 bedrooms $344,956
3 bedrooms $536,676
4 bedrooms $839,950
5 bedrooms $1,299,884
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 497 $663,818 103 days
Total Homes Average Price Avg Days on Site
All Homes 6,079 $683,585 87 days
Distressed Homes 32 $463,306 101 days
Multi-Million Dollar Homes 825 $2,074,467 105 days
Newly Built Homes 368 $1,213,962 111 days
Homes with a Pool 1,499 $1,029,699 79 days
Reduced Price Homes 526 $620,004 70 days
Platinum Living Realty
Jay Macklin
20551 North Pima Rd. Suite 200
Scottsdale, AZ 85255
480-907-5097

Fair Housing/Equal Opportunity
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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 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. July 12, 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. July 12, 2025
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