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Phoenix Market Report

$445,638

AVERAGE PRICE OF 4,604 HOMES

$330,987

AVERAGE PRICE OF 78 DISTRESSED HOMES

$1,896,236

AVERAGE PRICE OF 276 MULTI-MILLION DOLLAR HOMES

$679,513

AVERAGE PRICE OF 358 NEWLY BUILT HOMES

$703,652

AVERAGE PRICE OF 1,303 HOMES WITH A POOL

$476,679

AVERAGE PRICE OF 340 REDUCED PRICE HOMES

Average Home

Average Price $445,638
Avg Bedrooms 3.62 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $180,959
2 bedrooms $271,507
3 bedrooms $363,336
4 bedrooms $332,673
5 bedrooms $895,027
Phoenix Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 4,599 4,832 4,665 4,500 4,459
Average Price $435,754 $431,102 $437,042 $434,155 $435,149
Avg Price Change +1.08% -1.38% +0.66% -0.23% -0.87%
Median Price $309,104 $306,936 $313,939 $318,221 $319,781
Med Price Change +0.71% -2.28% -1.36% -0.49% -0.76%
Avg Bedrooms 3.63 beds 3.28 beds 3.29 beds 3.3 beds 3.31 beds
Avg Bathrooms 2.22 baths 2.43 baths 2.42 baths 2.41 baths 2.42 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 217 $1,327,384 95 days
Barry Goldwater High School 200 $365,934 71 days
Camelback High School 509 $621,555 93 days
Central High School 419 $465,005 83 days
North High School 240 $418,295 80 days
Other 2 $123,200 32 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,604 $445,638 54 days
Distressed Homes 78 $330,987 57 days
Multi-Million Dollar Homes 276 $1,896,236 145 days
Newly Built Homes 358 $679,513 97 days
Homes with a Pool 1,303 $703,652 86 days
Reduced Price Homes 340 $476,679 75 days
OMNI Homes International
1050 East River Rd Suite 302
Tucson, AZ 85718
520-474-1777

© 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 OMNI Homes International 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. January 17, 2019
 photo TARMLS-IDX-Banner-1000_zpstrronf8e.png The content relating to real estate for sale on this web site comes in part from the IDX program of the Tucson Association of REALTORS® Multiple Listing Service®. Real estate listings held by brokerage firms other than are marked with the TARMLS IDX logo and detailed information about those listings includes the name of the listing brokerage. Copyright 2019 Tucson Association of REALTORS® Multiple Listing Service. All rights reserved.

Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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