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Phoenix

Why you'd want to live in Phoenix

Phoenix is the capital of the southwestern U.S. state of Arizona. Known for its year-round sun and warm temperatures, it anchors a sprawling, multi-city metropolitan area known as the Valley of the Sun. It's known for high-end spa resorts, Jack Nicklaus–designed golf courses and vibrant nightclubs.

Phoenix Market Report

$476,525

AVERAGE PRICE OF 4,436 HOMES

$406,651

AVERAGE PRICE OF 25 DISTRESSED HOMES

$1,886,141

AVERAGE PRICE OF 302 MULTI-MILLION DOLLAR HOMES

$563,120

AVERAGE PRICE OF 561 NEWLY BUILT HOMES

$806,058

AVERAGE PRICE OF 1,096 HOMES WITH A POOL

$494,540

AVERAGE PRICE OF 165 REDUCED PRICE HOMES

Average Home

Average Price $476,525
Avg Bedrooms 3.23 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $236,110
2 bedrooms $273,671
3 bedrooms $392,586
4 bedrooms $567,480
5 bedrooms $945,528
Phoenix Home Price Trends
  8/2020 7/2020 6/2020 5/2020 4/2020
Total Listings 4,260 4,406 4,776 4,799 4,799
Average Price $467,212 $461,438 $454,719 $448,689 $451,924
Avg Price Change +1.25% +1.48% +1.34% -0.72% -4.24%
Median Price $333,119 $328,896 $324,590 $319,231 $319,103
Med Price Change +1.28% +1.33% +1.68% +0.04% -4.79%
Avg Bedrooms 3.24 beds 3.24 beds 3.23 beds 3.22 beds 3.23 beds
Avg Bathrooms 2.37 baths 2.37 baths 2.38 baths 2.37 baths 2.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 230 $374,738 31 days
Camelback High School 435 $643,352 61 days
Central High School 337 $537,153 54 days
North High School 230 $441,524 58 days
Pinnacle High School 255 $538,801 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,436 $476,525 48 days
Distressed Homes 25 $406,651 88 days
Multi-Million Dollar Homes 302 $1,886,141 108 days
Newly Built Homes 561 $563,120 90 days
Homes with a Pool 1,096 $806,058 48 days
Reduced Price Homes 165 $494,540 41 days

School Data

Highly Rated Phoenix Schools

8

ACACIA ELEMENTARY SCHOOL
Elementary School
Public

8

C I WAGGONER SCHOOL
Elementary School
Public

10

CHEROKEE ELEMENTARY SCHOOL
Elementary School
Public

9

COCHISE ELEMENTARY SCHOOL
Elementary School
Public

8

COPPER CREEK ELEMENTARY SCHOOL
Elementary School
Public

10

DESERT CANYON ELEMENTARY SCHOOL
Elementary School
Public

8

DESERT MOUNTAIN ELEMENTARY SCHOOL
Elementary School
Public

9

DESERT TRAILS ELEMENTARY SCHOOL
Elementary School
Public

10

FIRESIDE ELEMENTARY SCHOOL
Elementary School
Public

9

HOPI ELEMENTARY SCHOOL
Elementary School
Public

9

KYRENE DE LA ESPERANZA SCHOOL
Elementary School
Public

8
8

KYRENE DE LA PALOMA SCHOOL
Elementary School
Public

10

KYRENE DE LA SIERRA SCHOOL
Elementary School
Public

10

KYRENE DE LOS CERRITOS SCHOOL
Elementary School
Public

8

KYRENE DE LOS LAGOS SCHOOL
Elementary School
Public

8

KYRENE DEL MILENIO
Elementary School
Public

10

KYRENE MONTE VISTA
Elementary School
Public

9

LONE MOUNTAIN ELEMENTARY SCHOOL
Elementary School
Public

8

MABEL PADGETT ELEMENTARY SCHOOL
Elementary School
Public

9

MADISON HEIGHTS ELEMENTARY SCHOOL
Elementary School
Public

9

MADISON RICHARD SIMIS SCHOOL
Elementary School
Public

9

SEQUOYA ELEMENTARY SCHOOL
Elementary School
Public

8
10

ALHAMBRA TRADITIONAL SCHOOL
Middle School
Public

8

ANTHEM SCHOOL
Middle School
Public

9

ASHLAND ELEMENTARY SCHOOL
Middle School
Public

8

BOULDER CREEK ELEMENTARY SCHOOL
Middle School
Public

8

BUSH ELEMENTARY SCHOOL
Middle School
Public

9

COPPER CANYON ELEMENTARY SCHOOL
Middle School
Public

8

COPPER RIDGE ELEMENTARY SCHOOL
Middle School
Public

8

DESERT SUN ACADEMY
Middle School
Public

9
10

FRANKLIN AT ALMA ELEMENTARY
Middle School
Public

9

GAVILAN PEAK ELEMENTARY SCHOOL
Middle School
Public

10

GREENFIELD ELEMENTARY SCHOOL
Middle School
Public

10
9

IRA A. FULTON ELEMENTARY SCHOOL
Middle School
Public

10

KIVA ELEMENTARY SCHOOL
Middle School
Public

8

LITCHFIELD ELEMENTARY SCHOOL
Middle School
Public

9

LOOKOUT MOUNTAIN SCHOOL
Middle School
Public

8

MADISON MEADOWS SCHOOL
Middle School
Public

10

MADISON TRADITIONAL ACADEMY
Middle School
Public

8

MERCURY MINE ELEMENTARY SCHOOL
Middle School
Public

8

NORTERRA CANYON K-8
Middle School
Public

9

PASEO VERDE ELEMENTARY SCHOOL
Middle School
Public

8

QUAIL RUN ELEMENTARY SCHOOL
Middle School
Public

8

SANDPIPER ELEMENTARY SCHOOL
Middle School
Public

10

SONORAN SKY ELEMENTARY SCHOOL
Middle School
Public

9

STETSON HILLS ELEMENTARY SCHOOL
Middle School
Public

8

SUNSET RIDGE ELEMENTARY SCHOOL
Middle School
Public

8

TERRAMAR ELEMENTARY SCHOOL
Middle School
Public

8

WEST WING ELEMENTARY SCHOOL
Middle School
Public

9

WILDFIRE ELEMENTARY SCHOOL
Middle School
Public

8

CACTUS SHADOWS HIGH SCHOOL
High School
Public

8

DESERT MOUNTAIN HIGH SCHOOL
High School
Public

8

DESERT VISTA HIGH SCHOOL
High School
Public

8

PEORIA ECAMPUS
High School
Public

10

UNIVERSITY HIGH SCHOOL
High School
Public

The Novey Team
Inna Novey -Team Lead
7077 E. Marilyn Rd
Scottsdale, AZ 85254
602-672-7012
Jason Smith, NMLS 210839
VP/Branch Manager
NOVA® Home Loans
8800 E. Raintree Drive, Suite 110
Scottsdale, AZ 85260
480.500.3026
Jason.smith@novahomeloans.com
www.novahomeloans.com/jason.smith

NOVA® Home Loans NMLS 3087 | NOVA® BK 0902429 | P: 480.500.3026 | Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act #4131230. Also licensed by the CA-DBO under the CFL #6036566. Loans made or arranged pursuant to a California Financing Law License. | NMLS Consumer Access http://nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/3087 | Privacy Policy https://www.novahomeloans.com/media/383141/privacy.pdf | NOVA® Fair Lending Statement https://www.novahomeloans.com/media/3400/fair-lending-statement.pdf | Equal Housing Opportunity For Texas Consumers: Consumers wishing to file a complaint against a mortgage banker or licensed mortgage banker residential mortgage loan originator should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 N. Lamar, Suite 201, Austin Texas 78705. Complaint forms and instructions may be obtained from the departments website at http://www.sml.texas.gov/ . A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department's website at http://www.sml.texas.gov .
© 2020 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 West USA Realty 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 20, 2020
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