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

$470,066

AVERAGE PRICE OF 4,323 HOMES

$383,541

AVERAGE PRICE OF 24 DISTRESSED HOMES

$1,910,780

AVERAGE PRICE OF 291 MULTI-MILLION DOLLAR HOMES

$655,594

AVERAGE PRICE OF 420 NEWLY BUILT HOMES

$787,335

AVERAGE PRICE OF 1,038 HOMES WITH A POOL

$454,393

AVERAGE PRICE OF 157 REDUCED PRICE HOMES

Average Home

Average Price $470,066
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $230,352
2 bedrooms $270,370
3 bedrooms $389,771
4 bedrooms $587,293
5 bedrooms $995,404
Phoenix Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 4,515 4,380 4,260 4,406 4,776
Average Price $472,082 $475,974 $467,212 $461,438 $454,719
Avg Price Change -0.82% +1.88% +1.25% +1.48% +1.34%
Median Price $335,291 $335,868 $333,119 $328,896 $324,590
Med Price Change -0.17% +0.83% +1.28% +1.33% +1.68%
Avg Bedrooms 3.21 beds 3.23 beds 3.24 beds 3.24 beds 3.23 beds
Avg Bathrooms 2.39 baths 2.4 baths 2.37 baths 2.37 baths 2.38 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 190 $388,338 33 days
Camelback High School 470 $653,729 60 days
Central High School 354 $541,857 59 days
North High School 221 $433,051 66 days
Pinnacle High School 208 $517,028 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,323 $470,066 49 days
Distressed Homes 24 $383,541 89 days
Multi-Million Dollar Homes 291 $1,910,780 99 days
Newly Built Homes 420 $655,594 101 days
Homes with a Pool 1,038 $787,335 48 days
Reduced Price Homes 157 $454,393 46 days
Stunning Homes Realty
10235 S 51st St Ste 195
Phoenix, AZ 85044
Guild Mortgage Company is an Equal Housing Lender
NMLS 3274
AZ BK#0018883
Lizy Hoeffer, Sr. Loan Officer, NMLS# 260183
Arizona State individual License Number 0913409 AZ
Guild Mortgage Company is not Affiliated with Stunning Homes Realty
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© 2020 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. November 25, 2020
© 2020 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. November 25, 2020
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