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Phoenix

Why you'd want to live in Phoenix

Phoenix is a vibrant city that combines the conveniences of urban living with the beauty of the desert landscape. It boasts a diverse cultural scene, with numerous art galleries, music festivals, and sporting events that cater to a variety of interests. The city’s culinary offerings range from authentic Mexican cuisine to innovative farm-to-table restaurants, making it a food lover's paradise. Additionally, Phoenix enjoys a warm climate that allows for year-round outdoor activities, including hiking in the nearby mountains and exploring the vast Sonoran Desert. With its growing job market and a strong sense of community, Phoenix presents a dynamic environment for both individuals and families.

Phoenix Market Report

$719,443

AVERAGE PRICE OF 5,587 HOMES

$388,688

AVERAGE PRICE OF 34 DISTRESSED HOMES

$2,202,060

AVERAGE PRICE OF 802 MULTI-MILLION DOLLAR HOMES

$1,107,647

AVERAGE PRICE OF 341 NEWLY BUILT HOMES

$1,091,280

AVERAGE PRICE OF 1,431 HOMES WITH A POOL

$688,560

AVERAGE PRICE OF 414 REDUCED PRICE HOMES

Average Home

Average Price $719,443
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $400,666
2 bedrooms $374,215
3 bedrooms $560,603
4 bedrooms $867,878
5 bedrooms $1,434,794
Phoenix Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 4,948 4,901 5,294 5,284 4,981
Average Price $702,886 $685,096 $689,818 $687,856 $691,090
Avg Price Change +2.60% -0.69% +0.29% -0.47% +0.43%
Median Price $472,766 $462,321 $464,127 $470,210 $474,991
Med Price Change +2.26% -0.39% -1.31% -1.02% -0.82%
Avg Bedrooms 2.82 beds 2.79 beds 2.8 beds 2.81 beds 2.82 beds
Avg Bathrooms 2.2 baths 2.18 baths 2.18 baths 2.18 baths 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 472 $975,295 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,587 $719,443 82 days
Distressed Homes 34 $388,688 60 days
Multi-Million Dollar Homes 802 $2,202,060 99 days
Newly Built Homes 341 $1,107,647 117 days
Homes with a Pool 1,431 $1,091,280 73 days
Reduced Price Homes 414 $688,560 75 days
Platinum Realty Group
11201 N Tatum Blvd #300
Phoenix, AZ 85028
623-800-9555
MAILING ADDRESS:
Platinum Realty Group
3655 W Anthem Way, Ste A 109-335
Anthem, AZ 85086

© 2025 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 Michelle Yurkovic- Platinum Realty Group 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. February 12, 2025
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