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

$751,353

AVERAGE PRICE OF 4,604 HOMES

$344,833

AVERAGE PRICE OF 9 DISTRESSED HOMES

$2,174,303

AVERAGE PRICE OF 726 MULTI-MILLION DOLLAR HOMES

$1,147,742

AVERAGE PRICE OF 407 NEWLY BUILT HOMES

$1,090,070

AVERAGE PRICE OF 1,264 HOMES WITH A POOL

$702,558

AVERAGE PRICE OF 367 REDUCED PRICE HOMES

Average Home

Average Price $751,353
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $274,633
2 bedrooms $398,596
3 bedrooms $573,562
4 bedrooms $863,665
5 bedrooms $1,376,256
Phoenix Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 4,455 4,264 4,107 3,941 3,997
Average Price $736,069 $730,180 $729,886 $723,807 $727,883
Avg Price Change +0.81% +0.04% +0.84% -0.56% -0.43%
Median Price $498,422 $498,105 $492,122 $495,779 $499,306
Med Price Change +0.06% +1.22% -0.74% -0.71% -0.03%
Avg Bedrooms 2.87 beds 2.85 beds 2.82 beds 2.8 beds 2.79 beds
Avg Bathrooms 2.27 baths 2.24 baths 2.2 baths 2.18 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 406 $974,109 61 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,604 $751,353 63 days
Distressed Homes 9 $344,833 34 days
Multi-Million Dollar Homes 726 $2,174,303 78 days
Newly Built Homes 407 $1,147,742 94 days
Homes with a Pool 1,264 $1,090,070 58 days
Reduced Price Homes 367 $702,558 60 days
My Home Group
My Home Group
8360 E Raintree Dr # 120,
Scottsdale, AZ 85260

© 2024 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. April 13, 2024
© 2024 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. April 13, 2024
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