If you need assistance, please call 623-777-5810

Michelle Minik
602-488-5432
SA523526000

Phoenix

Phoenix Market Report

$711,766

AVERAGE PRICE OF 6,367 HOMES

$480,720

AVERAGE PRICE OF 38 DISTRESSED HOMES

$2,144,382

AVERAGE PRICE OF 912 MULTI-MILLION DOLLAR HOMES

$1,254,789

AVERAGE PRICE OF 388 NEWLY BUILT HOMES

$1,061,977

AVERAGE PRICE OF 1,719 HOMES WITH A POOL

$670,179

AVERAGE PRICE OF 523 REDUCED PRICE HOMES

Average Home

Average Price $711,766
Avg Bedrooms 2.89 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $390,855
2 bedrooms $348,701
3 bedrooms $558,359
4 bedrooms $873,611
5 bedrooms $1,340,551
Phoenix Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 6,499 6,338 6,083 5,644 4,948
Average Price $719,952 $714,656 $723,272 $720,990 $702,886
Avg Price Change +0.74% -1.21% +0.32% +2.58% +2.60%
Median Price $479,618 $477,084 $483,739 $481,809 $472,766
Med Price Change +0.53% -1.39% +0.40% +1.91% +2.26%
Avg Bedrooms 2.87 beds 2.85 beds 2.84 beds 2.83 beds 2.82 beds
Avg Bathrooms 2.25 baths 2.24 baths 2.23 baths 2.22 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 534 $899,848 80 days
Total Homes Average Price Avg Days on Site
All Homes 6,367 $711,766 84 days
Distressed Homes 38 $480,720 82 days
Multi-Million Dollar Homes 912 $2,144,382 100 days
Newly Built Homes 388 $1,254,789 109 days
Homes with a Pool 1,719 $1,061,977 75 days
Reduced Price Homes 523 $670,179 68 days
Team Minik | Realty of America
Michelle Minik
1300 S Litchfield Rd STE 220P
Goodyear, AZ 85338
623-777-5810
Team Minik BBB Business Review

Fair Housing/Equal Opportunity
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© 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 Minik - Realty of America 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. June 13, 2025
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