If you need assistance, please call 602-518-8294

Phoenix Market Report

$461,161

AVERAGE PRICE OF 4,420 HOMES

$425,869

AVERAGE PRICE OF 38 DISTRESSED HOMES

$1,955,831

AVERAGE PRICE OF 262 MULTI-MILLION DOLLAR HOMES

$549,018

AVERAGE PRICE OF 582 NEWLY BUILT HOMES

$786,005

AVERAGE PRICE OF 1,077 HOMES WITH A POOL

$559,149

AVERAGE PRICE OF 143 REDUCED PRICE HOMES

Average Home

Average Price $461,161
Avg Bedrooms 3.24 beds
Avg Bathrooms 2.37 baths

Average Price by Bedrooms

1 bedroom $226,765
2 bedrooms $255,634
3 bedrooms $376,723
4 bedrooms $546,040
5 bedrooms $926,628
Phoenix Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 4,776 4,799 4,799 4,629 4,433
Average Price $454,719 $448,689 $451,924 $471,070 $467,395
Avg Price Change +1.34% -0.72% -4.24% +0.79% -7.71%
Median Price $324,590 $319,231 $319,103 $334,384 $330,581
Med Price Change +1.68% +0.04% -4.79% +1.15% -6.57%
Avg Bedrooms 3.23 beds 3.22 beds 3.23 beds 3.26 beds 3.25 beds
Avg Bathrooms 2.38 baths 2.37 baths 2.37 baths 2.42 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 244 $391,375 43 days
Camelback High School 437 $621,531 76 days
Central High School 307 $457,588 72 days
North High School 223 $393,320 70 days
Pinnacle High School 262 $510,449 56 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,420 $461,161 61 days
Distressed Homes 38 $425,869 71 days
Multi-Million Dollar Homes 262 $1,955,831 133 days
Newly Built Homes 582 $549,018 91 days
Homes with a Pool 1,077 $786,005 67 days
Reduced Price Homes 143 $559,149 51 days
The Perkins Group @ HomeSmart
Mark Perkins
17215 N 72nd Drive, Suite B-115
Glendale, AZ 85308
602-518-8294
nova-home-loans-blue-smaller.jpg

Mike Engelking, Senior Loan Officer, NMLS 163280
NOVA Home Loans
6720 N. Scottsdale Rd., Suite 160
Scottsdale, AZ 85253
480.500.3070
Mike.engelking@novahomeloans.com

© 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 The Perkins Group 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 The Perkins Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. July 16, 2020
© 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 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 16, 2020