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

$608,160

AVERAGE PRICE OF 3,945 HOMES

$352,463

AVERAGE PRICE OF 19 DISTRESSED HOMES

$1,923,268

AVERAGE PRICE OF 395 MULTI-MILLION DOLLAR HOMES

$900,174

AVERAGE PRICE OF 350 NEWLY BUILT HOMES

$948,507

AVERAGE PRICE OF 1,065 HOMES WITH A POOL

$604,530

AVERAGE PRICE OF 297 REDUCED PRICE HOMES

Average Home

Average Price $608,160
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $280,664
2 bedrooms $360,931
3 bedrooms $516,101
4 bedrooms $764,093
5 bedrooms $1,206,851
Phoenix Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 3,783 4,162 4,766 4,996 5,167
Average Price $588,099 $570,069 $572,731 $581,787 $582,802
Avg Price Change +3.16% -0.47% -1.58% -0.17% -1.56%
Median Price $431,843 $426,903 $435,735 $446,806 $451,156
Med Price Change +1.16% -2.07% -2.54% -0.97% -1.55%
Avg Bedrooms 3.16 beds 3.17 beds 3.19 beds 3.2 beds 3.19 beds
Avg Bathrooms 2.28 baths 2.27 baths 2.27 baths 2.27 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 235 $562,362 79 days
Camelback High School 308 $847,618 73 days
Central High School 332 $701,928 86 days
North High School 175 $639,002 80 days
South Mountain High School 173 $484,334 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,945 $608,160 79 days
Distressed Homes 19 $352,463 41 days
Multi-Million Dollar Homes 395 $1,923,268 93 days
Newly Built Homes 350 $900,174 116 days
Homes with a Pool 1,065 $948,507 77 days
Reduced Price Homes 297 $604,530 73 days
My Home Group
My Home Group
8360 E Raintree Dr # 120,
Scottsdale, AZ 85260

© 2023 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. February 4, 2023
© 2023 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. February 4, 2023
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