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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

$1,054,912

AVERAGE PRICE OF 2,000 HOMES

$1,514,137

AVERAGE PRICE OF 231 NEWLY BUILT HOMES

$1,233,459

AVERAGE PRICE OF 804 HOMES WITH A POOL

$2,010,047

AVERAGE PRICE OF 539 MULTI-MILLION DOLLAR HOMES

$894,293

AVERAGE PRICE OF 258 REDUCED PRICE HOMES

$899,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $1,054,912
Avg Bedrooms 3.72 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

1 bedroom $1,562,950
2 bedrooms $682,390
3 bedrooms $786,006
4 bedrooms $972,561
5 bedrooms $1,594,852
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 186 $1,519,784 57 days
Pinnacle High School 171 $870,254 33 days
Central High School 131 $936,834 42 days
Boulder Creek High School 130 $1,029,474 95 days
North High School 128 $801,499 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,000 $1,054,912 56 days
Newly Built Homes 231 $1,514,137 121 days
Homes with a Pool 804 $1,233,459 43 days
Multi-Million Dollar Homes 539 $2,010,047 73 days
Reduced Price Homes 258 $894,293 37 days
Distressed Homes 1 $899,000 11 days
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 .
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