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

$581,591

AVERAGE PRICE OF 5,112 HOMES

$326,500

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,727,826

AVERAGE PRICE OF 437 MULTI-MILLION DOLLAR HOMES

$928,369

AVERAGE PRICE OF 383 NEWLY BUILT HOMES

$844,963

AVERAGE PRICE OF 1,344 HOMES WITH A POOL

$532,586

AVERAGE PRICE OF 748 REDUCED PRICE HOMES

Average Home

Average Price $581,591
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $283,291
2 bedrooms $378,678
3 bedrooms $505,546
4 bedrooms $718,226
5 bedrooms $1,051,552
Phoenix Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 5,084 4,879 n/a n/a n/a
Average Price $591,883 $603,023 n/a n/a n/a
Avg Price Change -1.88% n/a n/a n/a n/a
Median Price $458,146 $465,000 n/a n/a n/a
Med Price Change -1.50% n/a n/a n/a n/a
Avg Bedrooms 3.2 beds 3.21 beds n/a n/a n/a
Avg Bathrooms 2.26 baths 2.26 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 295 $553,312 55 days
Camelback High School 370 $751,126 69 days
Central High School 342 $632,862 62 days
Pinnacle High School 221 $737,276 64 days
South Mountain High School 226 $500,299 61 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,112 $581,591 61 days
Distressed Homes 6 $326,500 16 days
Multi-Million Dollar Homes 437 $1,727,826 85 days
Newly Built Homes 383 $928,369 124 days
Homes with a Pool 1,344 $844,963 60 days
Reduced Price Homes 748 $532,586 54 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. September 29, 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. September 29, 2022
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