If you need assistance, please call 480-442-6841

Phoenix Market Report

$440,440

AVERAGE PRICE OF 5,175 HOMES

$348,485

AVERAGE PRICE OF 71 DISTRESSED HOMES

$1,893,791

AVERAGE PRICE OF 301 MULTI-MILLION DOLLAR HOMES

$662,307

AVERAGE PRICE OF 403 NEWLY BUILT HOMES

$693,583

AVERAGE PRICE OF 1,482 HOMES WITH A POOL

$512,285

AVERAGE PRICE OF 358 REDUCED PRICE HOMES

Average Home

Average Price $440,440
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.39 baths

Average Price by Bedrooms

1 bedroom $176,599
2 bedrooms $260,291
3 bedrooms $362,600
4 bedrooms $528,718
5 bedrooms $899,175
Phoenix Home Price Trends
  1/2019 12/2018 11/2018 10/2018 9/2018
Total Listings 4,631 4,597 4,832 4,665 4,500
Average Price $440,228 $435,890 $431,102 $437,042 $434,155
Avg Price Change +1.00% +1.11% -1.38% +0.66% -0.23%
Median Price $312,504 $309,185 $306,936 $313,939 $318,221
Med Price Change +1.07% +0.73% -2.28% -1.36% -0.49%
Avg Bedrooms 3.24 beds 3.27 beds 3.28 beds 3.29 beds 3.3 beds
Avg Bathrooms 2.39 baths 2.43 baths 2.43 baths 2.42 baths 2.41 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 230 $1,331,321 95 days
Barry Goldwater High School 228 $369,086 60 days
Camelback High School 580 $618,387 84 days
Central High School 458 $461,040 81 days
North High School 258 $417,224 77 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,175 $440,440 71 days
Distressed Homes 71 $348,485 75 days
Multi-Million Dollar Homes 301 $1,893,791 137 days
Newly Built Homes 403 $662,307 92 days
Homes with a Pool 1,482 $693,583 79 days
Reduced Price Homes 358 $512,285 68 days
DPR Realty LLC
Jody & Tom Kuhman
3850 E. Baseline Rd. #119-120
Mesa, AZ 85206
480-442-6841
Brian Rogerson
Senior Vice President, Regional Production
NMLS# 28721 | BK 0018295 | AZ MLO #0914063, CA CA-DOC28721
brian.rogerson@wvmb.com
Phone: 480-236-8287
Fax: 480-452-0660

© 2019 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 DPR Realty LLC 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 16, 2019
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