Phoenix

Why you'd want to live in Phoenix

Phoenix the capital of Arizona, is located on the upper edge of the Sonoran Desert. Nicknamed the "Valley of the Sun," the Phoenix area sees more sunshine than any other area in the country. Although, Phoenix is known for its sunshine, it also has to offer beautiful winters with an average temperature of 67 degrees. Phoenix is the best place to get a sampling of all the great things Arizona has to offer. Hiking, golfing, and shopping are some of the main attractions to local residents. Phoenix is also recognized for its strong school system that received an A rating from the Arizona Department of Education. Phoenix provides its’ students with a well-rounded education preparing them for the future. With a population of 4.5 million makes Phoenix the 12th largest metropolitan area in the nation. As Phoenix continues to grow and innovate it will continue to be a prime spot for people to live. Whether you’re looking for a city to start a new adventure or to retire, Phoenix is the place for you.

Phoenix Market Report

$594,382

AVERAGE PRICE OF 5,042 HOMES

$579,983

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,745,897

AVERAGE PRICE OF 434 MULTI-MILLION DOLLAR HOMES

$952,187

AVERAGE PRICE OF 372 NEWLY BUILT HOMES

$860,610

AVERAGE PRICE OF 1,325 HOMES WITH A POOL

$518,547

AVERAGE PRICE OF 687 REDUCED PRICE HOMES

Average Home

Average Price $594,382
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $309,486
2 bedrooms $380,634
3 bedrooms $518,882
4 bedrooms $711,596
5 bedrooms $1,053,959
Phoenix Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 4,879 n/a n/a n/a 2,942
Average Price $603,023 n/a n/a n/a $599,078
Avg Price Change n/a n/a n/a n/a +2.72%
Median Price $465,000 n/a n/a n/a $451,508
Med Price Change n/a n/a n/a n/a +2.28%
Avg Bedrooms 3.21 beds n/a n/a n/a 3.23 beds
Avg Bathrooms 2.26 baths n/a n/a n/a 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 282 $552,697 40 days
Camelback High School 368 $751,978 53 days
Central High School 341 $618,317 50 days
Paradise Valley High School 231 $558,935 40 days
Pinnacle High School 255 $743,124 45 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,042 $594,382 47 days
Distressed Homes 6 $579,983 17 days
Multi-Million Dollar Homes 434 $1,745,897 71 days
Newly Built Homes 372 $952,187 113 days
Homes with a Pool 1,325 $860,610 46 days
Reduced Price Homes 687 $518,547 46 days
© 2022 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 Stunning Homes Realty 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. August 12, 2022
© 2022 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. August 12, 2022
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