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

$708,587

AVERAGE PRICE OF 6,374 HOMES

$474,775

AVERAGE PRICE OF 39 DISTRESSED HOMES

$2,143,981

AVERAGE PRICE OF 907 MULTI-MILLION DOLLAR HOMES

$1,236,973

AVERAGE PRICE OF 385 NEWLY BUILT HOMES

$1,052,372

AVERAGE PRICE OF 1,709 HOMES WITH A POOL

$630,455

AVERAGE PRICE OF 460 REDUCED PRICE HOMES

Average Home

Average Price $708,587
Avg Bedrooms 2.88 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $391,608
2 bedrooms $348,880
3 bedrooms $555,296
4 bedrooms $864,085
5 bedrooms $1,334,205
Phoenix Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 6,499 6,338 6,083 5,644 4,948
Average Price $719,952 $714,656 $723,272 $720,990 $702,886
Avg Price Change +0.74% -1.21% +0.32% +2.58% +2.60%
Median Price $479,618 $477,084 $483,739 $481,809 $472,766
Med Price Change +0.53% -1.39% +0.40% +1.91% +2.26%
Avg Bedrooms 2.87 beds 2.85 beds 2.84 beds 2.83 beds 2.82 beds
Avg Bathrooms 2.25 baths 2.24 baths 2.23 baths 2.22 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 523 $895,320 82 days
Total Homes Average Price Avg Days on Site
All Homes 6,374 $708,587 85 days
Distressed Homes 39 $474,775 82 days
Multi-Million Dollar Homes 907 $2,143,981 101 days
Newly Built Homes 385 $1,236,973 108 days
Homes with a Pool 1,709 $1,052,372 76 days
Reduced Price Homes 460 $630,455 74 days
Ryan Nager Group
My Home Group
8360 E Raintree Dr # 120,
Scottsdale, AZ 85260

© 2025 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. June 18, 2025
© 2025 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 Ryan Nager - 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. June 18, 2025
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