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Phoenix Market Trends

Today, September 8, 2010

Median Sales Price in Phoenix

Embed Info
1 yr 5 yr Max
Phoenix median sales prices
Number of sold homes in Phoenix
No. BedroomsJun - Aug '10y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$105,000+7.4%$105,800$97,750$202,000
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Phoenix Summary

The median sales price for homes in Phoenix AZ for Jun 10 to Aug 10 was $105,000. This represents a decline of 0.8%, or $800, compared to the prior quarter and an increase of 7.4% compared to the prior year. Sales prices have depreciated 48% over the last 5 years in Phoenix. The average listing price for Phoenix homes for sale on Trulia was $198,345 for the week ending Sep 01, which represents a decline of 2.4%, or $4,776, compared to the prior week and a decline of 5%, or $10,481, compared to the week ending Aug 11. Average price per square foot for Phoenix AZ was $97, a decrease of 44.6% compared to the same period last year. Popular neighborhoods in Phoenix include Camelback East, Deer Valley, Paradise Valley, North Mountain, Alhambra, and South Mountain.

 

Average Listing Price in Phoenix

Embed Info
1 yr 5 yr Max
Phoenix average property price
Phoenix – number of properties
No. BedroomsWeek ending
Sep 1
w-o-wWeek ending
Aug 25
Week ending
Aug 18
Week ending
Aug 11
1 bedroom$77,708-0.7%$78,220$80,148$79,270
2 bedrooms$124,284-1.3%$125,909$125,797$129,605
3 bedrooms$156,079-1.7%$158,817$159,803$162,985
4 bedrooms$257,181-2.2%$263,077$263,959$266,322
All properties$198,345-2.4%$203,121$205,282$208,826
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Average Price Per Sqft for Homes in Phoenix

Embed Info
1 yr 5 yr Max
Phoenix average price per square foot
No. BedroomsJun - Aug '10y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$97-44.6%$83$175$167
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Popular Neighborhoods in Phoenix

Neighborhoods Week ending
Sep 1
w-o-w Week ending
Aug 25
Week ending
Aug 18
Camelback East 1 — 1 1
Deer Valley 2 +2 4 4
Paradise Valley 3 -1 2 2
North Mountain 4 -1 3 3
Alhambra 5 +2 7 6
South Mountain 6 -1 5 7
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Homes for Sale in Phoenix

1536 West Rovey Avenue, Phoenix AZ
1536 W Rov…
$116,000
3 br  2 ba
6906 West Garfield Street, Phoenix AZ
6906 W Gar…
$64,000
3 br  1 ba
3825 East Camelback Road #264, Phoenix AZ
3825 E Cam…
$59,000
1 br  1 ba
3635 East Turney Avenue #3, Phoenix AZ
3635 E Tur…
$50,000
1 br  1 ba
4425 North 57th Drive, Phoenix AZ
4425 N 57th…
$49,900
3 br  2 ba
4113 East Mountain Vista Drive, Phoenix AZ
4113 E Mou…
$161,900
3 br  2 full, 1 partial ba
View all Phoenix Homes for Sale
 
Stats & Trends
Phoenix

Real Estate Overview

Market Trends

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Community Info

Neighborhoods

Camelback East

Deer Valley

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  • Ahwatukee Foothills
  • Alhambra
  • Camelback East
  • Central City
  • Deer Valley
  • Desert View
  • Encanto
  • Estrella
  • Laveen
  • Maryvale
  • New Village
  • North Gateway
  • North Mountain
  • Paradise Valley
  • South Mountain
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Nearby Cities

Cities
Median
sales price
Average
listing price
Glendale
$115,000
$141,617
Tempe
$151,500
$225,816
Paradise Valley
$1,100,000
$2,546,615
Laveen
$127,250
$145,769
Scottsdale
$275,000
$674,874
Tolleson
$110,000
$110,818
Advice

Recent Q&A in Phoenix, AZ

Q: This concerns the website. Why aren't the price reduced in red any more? ... 2 answers
Q: I own two homes & may foreclose on one...Can the lender on the foreclosure come ... 8 answers
Q: What experience do you have in your state with real estate transfer taxes.? Be the first to answer
Q: What advice would you give to a buyer about to relocate to your area? 17 answers
Q: What is the fastest way to completing the 90 hrs required to take the real... 10 answers

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Nearby Cities Real Estate

  • Glendale Real Estate
  • Tempe Real Estate
  • Paradise Valley Real Estate
  • Laveen Real Estate
  • Scottsdale Real Estate
  • Tolleson Real Estate

Nearby Cities Sold Homes

  • Glendale Sold Homes
  • Tempe Sold Homes
  • Paradise Valley Sold Homes
  • Laveen Sold Homes
  • Scottsdale Sold Homes
  • Tolleson Sold Homes

Nearby Cities Home Prices

  • Glendale Home Prices
  • Tempe Home Prices
  • Paradise Valley Home Prices
  • Laveen Home Prices
  • Scottsdale Home Prices
  • Tolleson Home Prices

Phoenix Stats & Trends

  • Phoenix Real Estate Overview
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  • Phoenix Community Info
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Our real estate market trends page gives you a valuable overview of the Phoenix real estate market. Find Phoenix properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Phoenix average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Phoenix housing statistics are available for each Phoenix, AZ neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.