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

$571,467

AVERAGE PRICE OF 2,903 HOMES

$296,625

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,924,692

AVERAGE PRICE OF 229 MULTI-MILLION DOLLAR HOMES

$933,644

AVERAGE PRICE OF 200 NEWLY BUILT HOMES

$841,941

AVERAGE PRICE OF 768 HOMES WITH A POOL

$632,766

AVERAGE PRICE OF 100 REDUCED PRICE HOMES

Average Home

Average Price $571,467
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $249,601
2 bedrooms $353,974
3 bedrooms $491,454
4 bedrooms $698,030
5 bedrooms $1,044,980
Phoenix Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 3,358 3,828 3,903 3,892 3,802
Average Price $558,490 $556,985 $550,265 $537,338 $535,645
Avg Price Change +0.27% +1.22% +2.41% +0.32% -0.19%
Median Price $426,663 $424,830 $419,381 $405,161 $399,087
Med Price Change +0.43% +1.30% +3.51% +1.52% +0.04%
Avg Bedrooms 3.21 beds 3.2 beds 3.2 beds 3.19 beds 3.17 beds
Avg Bathrooms 2.29 baths 2.29 baths 2.28 baths 2.28 baths 2.28 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 142 $501,026 41 days
Camelback High School 216 $858,310 62 days
Central High School 219 $615,916 72 days
North High School 147 $591,462 81 days
South Mountain High School 137 $446,043 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,903 $571,467 52 days
Distressed Homes 8 $296,625 91 days
Multi-Million Dollar Homes 229 $1,924,692 95 days
Newly Built Homes 200 $933,644 157 days
Homes with a Pool 768 $841,941 50 days
Reduced Price Homes 100 $632,766 48 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. January 21, 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. January 21, 2022
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