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

$502,516

AVERAGE PRICE OF 3,368 HOMES

$361,867

AVERAGE PRICE OF 14 DISTRESSED HOMES

$1,985,650

AVERAGE PRICE OF 259 MULTI-MILLION DOLLAR HOMES

$738,923

AVERAGE PRICE OF 298 NEWLY BUILT HOMES

$871,126

AVERAGE PRICE OF 798 HOMES WITH A POOL

$564,554

AVERAGE PRICE OF 64 REDUCED PRICE HOMES

Average Home

Average Price $502,516
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $224,642
2 bedrooms $291,485
3 bedrooms $409,478
4 bedrooms $618,191
5 bedrooms $1,011,450
Phoenix Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings 3,476 3,397 3,858 4,397 4,515
Average Price $495,160 $485,788 $470,486 $469,947 $472,082
Avg Price Change +1.93% +3.25% +0.11% -0.45% -0.82%
Median Price $346,653 $335,790 $330,029 $333,403 $335,291
Med Price Change +3.24% +1.75% -1.02% -0.57% -0.17%
Avg Bedrooms 3.17 beds 3.17 beds 3.17 beds 3.19 beds 3.21 beds
Avg Bathrooms 2.33 baths 2.34 baths 2.33 baths 2.34 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 155 $405,001 36 days
Camelback High School 362 $751,455 60 days
Central High School 279 $494,692 50 days
North High School 186 $442,471 56 days
Paradise Valley High School 143 $402,163 28 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,368 $502,516 46 days
Distressed Homes 14 $361,867 95 days
Multi-Million Dollar Homes 259 $1,985,650 99 days
Newly Built Homes 298 $738,923 117 days
Homes with a Pool 798 $871,126 43 days
Reduced Price Homes 64 $564,554 42 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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© 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. March 1, 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. March 1, 2021
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