Phoenix Summary
The median sales price for homes in Phoenix AZ for Feb 12 to Apr 12 was $95,000. This represents an increase of 5.7%, or $5,100, compared to the prior quarter and an increase of 11.8% compared to the prior year. Sales prices have depreciated 59.5% over the last 5 years in Phoenix. The average listing price for Phoenix homes for sale on Trulia was $256,982 for the week ending May 09, which represents a decline of 0.2%, or $513, compared to the prior week and an increase of 0.2%, or $536, compared to the week ending Apr 18. Average price per square foot for Phoenix AZ was $964, an increase of 999.9% compared to the same period last year. Popular neighborhoods in Phoenix include Camelback East, Paradise Valley, Deer Valley, North Mountain, South Mountain, and Maryvale.