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

$558,163

AVERAGE PRICE OF 3,596 HOMES

$326,538

AVERAGE PRICE OF 15 DISTRESSED HOMES

$1,871,425

AVERAGE PRICE OF 269 MULTI-MILLION DOLLAR HOMES

$831,483

AVERAGE PRICE OF 298 NEWLY BUILT HOMES

$820,816

AVERAGE PRICE OF 969 HOMES WITH A POOL

$580,523

AVERAGE PRICE OF 116 REDUCED PRICE HOMES

Average Home

Average Price $558,163
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $237,146
2 bedrooms $337,026
3 bedrooms $481,054
4 bedrooms $687,853
5 bedrooms $1,005,393
Phoenix Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings 3,828 3,903 3,892 3,802 3,635
Average Price $556,985 $550,265 $537,338 $535,645 $536,664
Avg Price Change +1.22% +2.41% +0.32% -0.19% +0.21%
Median Price $424,830 $419,381 $405,161 $399,087 $398,910
Med Price Change +1.30% +3.51% +1.52% +0.04% +3.13%
Avg Bedrooms 3.2 beds 3.2 beds 3.19 beds 3.17 beds 3.19 beds
Avg Bathrooms 2.29 baths 2.28 baths 2.28 baths 2.28 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 168 $508,644 37 days
Camelback High School 267 $793,699 66 days
Central High School 276 $610,171 67 days
North High School 200 $571,677 76 days
South Mountain High School 167 $460,093 40 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,596 $558,163 49 days
Distressed Homes 15 $326,538 67 days
Multi-Million Dollar Homes 269 $1,871,425 86 days
Newly Built Homes 298 $831,483 118 days
Homes with a Pool 969 $820,816 46 days
Reduced Price Homes 116 $580,523 42 days
© 2021 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. December 6, 2021
© 2021 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. December 6, 2021
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