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Phoenix Market Trends

Today, November 7, 2009

Median Sales Price in Phoenix

Embed Info
1 yr 5 yr Max
Phoenix median sales prices
Number of sold homes in Phoenix
No. BedroomsJul - Sep '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$95,112-38.2%$87,000$153,964$150,500
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Phoenix Summary

The median sales price for homes in Phoenix AZ for Jul 09 to Sep 09 was $95,112. This represents an increase of 9.3%, or $8,112, compared to the prior quarter and a decrease of 38.2% compared to the prior year. Sales prices have depreciated 36.8% over the last 5 years in Phoenix.

The average listing price for Phoenix homes for sale on Trulia was $282,135 for the week ending Oct 28, which represents a decline of 0.8%, or $2,401, compared to the prior week and a decline of 3%, or $8,597, compared to the week ending Oct 07. Average price per square foot for Phoenix AZ was $137, an increase of 14.2% compared to the same period last year. Popular neighborhoods in Phoenix include Camelback East, North Mountain, Paradise Valley, Maryvale, Deer Valley, and Alhambra.

 

Average Listing Price in Phoenix

Embed Info
1 yr 5 yr Max
Phoenix average property price
Phoenix – number of properties
No. BedroomsWeek ending
Oct 28
w-o-wWeek ending
Oct 21
Week ending
Oct 14
Week ending
Oct 7
1 bedroom$106,321+1.0%$105,219$107,679$109,855
2 bedrooms$173,622+0.3%$173,184$174,897$179,230
3 bedrooms$202,914+0.6%$201,682$204,407$208,959
4 bedrooms$364,513-1.3%$369,243$370,328$378,546
All properties$282,135-0.8%$284,536$285,561$290,732
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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. BedroomsJul - Sep '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$137+14.2%$125$120$122
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Popular Neighborhoods in Phoenix

Neighborhoods Week ending
Oct 28
w-o-w Week ending
Oct 21
Week ending
Oct 14
Camelback East 1 — 1 1
North Mountain 2 +1 3 3
Paradise Valley 3 -1 2 2
Maryvale 4 +1 5 6
Deer Valley 5 -1 4 4
Alhambra 6 +1 7 7

Homes for Sale in Phoenix

4807 North 45th Street, Phoenix AZ
4807 N 45th…
$599,000
3 br  3 ba
14216 North 10th Street, Phoenix AZ
14216 N 10…
$209,000
3 br  2 ba
1807 East Cinnabar Avenue, Phoenix AZ
1807 E Cin…
$335,000
3 br  2 ba
7636 South 15th Avenue, Phoenix AZ
7636 S 15th…
$449,000
4 br  3 ba
12222 North Paradise Village Parkway S, Phoenix AZ
12222 N Pa…
$62,500
1 br  1 ba
1715 West Villa Maria Drive, Phoenix AZ
1715 W Vil…
$64,900
3 br  2 ba
View all Phoenix Homes for Sale
 
Stats & Trends
Phoenix

Real Estate Overview

Market Trends

Home Prices Map

Community Info

Neighborhoods

Camelback East

North Mountain

View more neighborhoods or ZIPs
  • 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
$110,000
$186,647
Tempe
$180,000
$301,911
Paradise Valley
$1,250,000
$2,614,245
Laveen
$128,900
$177,272
Scottsdale
$303,000
$782,471
Tolleson
$100,000
$126,353
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Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
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.