Phoenix

Why you'd want to live in Phoenix

Phoenix covers a vast geographic area and offers a wide array of housing options. Downtown Phoenix is a core employment and culture center with projected growth spurred by a new light-rail system, retail expansion and an upswing in commercial construction. Urban neighborhoods are experiencing a revival renovation and creation of upscale high-end homes and condominiums. Most of the city of Phoenix stretches north from South Mountain Park, the largest municipal park in the world. SOUTH MOUNTAIN VILLAGE South Mountain Village represents one of the “urban villages” designated by the Phoenix Planning Commission. The goal of each village in the city of Phoenix is to offer a unique choice of lifestyle in which residents may live, work and enjoy leisure activities within close proximity. South Mountain Village extends from the Rio Salado to the South Mountain Park Preserve. Despite it’s established neighborhoods, South Mountain Village is a young, developing area. Perhaps once considered a barrier to southward development, 16,500-acre South Mountain Park is now being eyed by developers. From the ridgeline of South Mountain to farm fields and urban neighborhoods, the village offers many different living in Maricopa County environments.

Phoenix Market Report

$536,400

AVERAGE PRICE OF 3,909 HOMES

$368,880

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,874,000

AVERAGE PRICE OF 278 MULTI-MILLION DOLLAR HOMES

$898,293

AVERAGE PRICE OF 296 NEWLY BUILT HOMES

$799,111

AVERAGE PRICE OF 1,037 HOMES WITH A POOL

$514,517

AVERAGE PRICE OF 188 REDUCED PRICE HOMES

Average Home

Average Price $536,400
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $254,570
2 bedrooms $357,746
3 bedrooms $473,383
4 bedrooms $650,986
5 bedrooms $949,878
Phoenix Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 3,802 3,635 3,586 3,657 3,520
Average Price $535,645 $536,664 $535,563 $530,037 $536,052
Avg Price Change -0.19% +0.21% +1.04% -1.13% +4.22%
Median Price $399,087 $398,910 $386,803 $377,280 $372,193
Med Price Change +0.04% +3.13% +2.52% +1.37% +4.50%
Avg Bedrooms 3.17 beds 3.19 beds 3.16 beds 3.15 beds 3.19 beds
Avg Bathrooms 2.28 baths 2.29 baths 2.29 baths 2.33 baths 2.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 204 $500,328 32 days
Camelback High School 311 $658,132 60 days
Central High School 313 $604,075 53 days
North High School 191 $531,508 60 days
South Mountain High School 185 $429,580 36 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,909 $536,400 44 days
Distressed Homes 10 $368,880 60 days
Multi-Million Dollar Homes 278 $1,874,000 86 days
Newly Built Homes 296 $898,293 124 days
Homes with a Pool 1,037 $799,111 38 days
Reduced Price Homes 188 $514,517 37 days
Jones-Ticknor Realty Group / Corcoran Platinum Living Realty
Sheri Jones & Kathleen Ticknor
18281 N Pima Road, Ste C-100
Scottsdale, AZ 85255
S: 602-570-9823
K: 623-340-2677

© 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 Sheri Jones - Platinum Living Realty - Sheri Jones 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. September 22, 2021
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