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

$623,537

AVERAGE PRICE OF 2,966 HOMES

$319,354

AVERAGE PRICE OF 11 DISTRESSED HOMES

$1,897,727

AVERAGE PRICE OF 294 MULTI-MILLION DOLLAR HOMES

$1,100,308

AVERAGE PRICE OF 191 NEWLY BUILT HOMES

$948,100

AVERAGE PRICE OF 804 HOMES WITH A POOL

$701,719

AVERAGE PRICE OF 107 REDUCED PRICE HOMES

Average Home

Average Price $623,537
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $263,739
2 bedrooms $385,611
3 bedrooms $527,439
4 bedrooms $758,366
5 bedrooms $1,212,845
Phoenix Home Price Trends
  4/2022 3/2022 2/2022 1/2022 12/2021
Total Listings n/a 2,942 2,989 2,871 3,358
Average Price n/a $599,078 $583,216 $569,046 $558,490
Avg Price Change n/a +2.72% +2.49% +1.89% +0.27%
Median Price n/a $451,508 $441,423 $434,268 $426,663
Med Price Change n/a +2.28% +1.65% +1.78% +0.43%
Avg Bedrooms n/a 3.23 beds 3.2 beds 3.2 beds 3.21 beds
Avg Bathrooms n/a 2.39 baths 2.34 baths 2.28 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 132 $550,098 27 days
Camelback High School 228 $883,690 50 days
Central High School 227 $613,061 39 days
North High School 173 $645,627 63 days
Paradise Valley High School 127 $567,459 24 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,966 $623,537 40 days
Distressed Homes 11 $319,354 65 days
Multi-Million Dollar Homes 294 $1,897,727 71 days
Newly Built Homes 191 $1,100,308 152 days
Homes with a Pool 804 $948,100 38 days
Reduced Price Homes 107 $701,719 33 days
Jones-Ticknor Realty Group / 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

© 2022 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. May 16, 2022
This site powered by CINC: www.cincpro.com