A Look At The Numbers For Phoenix Real Estate

Average price per square foot for Phoenix AZ was $123, an increase of 5.1% compared to the same period last year. The median sales price for homes in Phoenix AZ for May 14 to Aug 14 was $172,500 based on 4,513 home sales.

Compared to the same period one year ago, the median home sales price increased 1.5%, or $2,500, and the number of home sales decreased 12.3%.

The average listing price for homes for sale in Phoenix AZ was $309,419 for the week ending Aug 13, which represents a decrease of 1.2%, or $3,856, compared to the prior week. Popular neighborhoods in Phoenix include Camelback East and Paradise Valley, with average listing prices of $604,252 and $556,564.

Average Listing Price $309,419 -1.2% w-o-w
Median Sales Price $172,500 +1.5% y-o-y
Average Price/sqft $123 0.0% y-o-y
Number of Sales 4513 -12.3 % y-o-y

Most popular neighborhoods --> w-o-w
Camelback East $604,252 -4.0%
Paradise Valley $556,564 -4.2%
North Mountain $229,982 -1.8%
Deer Valley $247,228 +0.5%
Ahwatukee Foothills $415,199 -3.3%

Movers & Shakers Avg. listing price --> w-o-w
New Village $317,695 -7.1%
Central City $196,340 -4.6%
Alhambra $275,354 +4.5%
Paradise Valley $556,564 -4.2%
Camelback East $604,252 -4.0%