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Phoenix

Why you'd want to live in Phoenix

Nicknamed the "Valley of the Sun," the Greater Phoenix area sees more sunshine than any other metro area in the country. That in and of itself is enough to entice people to lay down roots, but Arizona's capital also features a desirable combination of a thriving job market, a relatively low cost of living and plenty of ways to enjoy the nice weather. Phoenix is the best place to get a sampling of all the state has to offer. Its downtown area may be characterized by sleek, ultramodern office buildings, but the city center is not all about work. Phoenix also contains ample opportunities to play. Sports stadiums, arts and shopping districts fringe downtown, as do some of the area's finest eateries. Within the Valley of the Sun, you can trace Arizona's history from its earliest Hohokam residents at the Pueblo Grande Museum and Archaeological Park to the latest technological developments showcased at the Arizona Science Center. Plus, Greater Phoenix's 2,000-plus square miles sprawl to the bottom of striking desert mountains crisscrossed by hiking and biking trails. via realestate.usnews.com

Phoenix Market Report

$1,035,419

AVERAGE PRICE OF 2,000 HOMES

$1,207,170

AVERAGE PRICE OF 222 NEWLY BUILT HOMES

$1,168,063

AVERAGE PRICE OF 701 HOMES WITH A POOL

$1,990,353

AVERAGE PRICE OF 545 MULTI-MILLION DOLLAR HOMES

$909,499

AVERAGE PRICE OF 178 REDUCED PRICE HOMES

$665,966

AVERAGE PRICE OF 3 DISTRESSED HOMES

Average Home

Average Price $1,035,419
Avg Bedrooms 3.66 beds
Avg Bathrooms 2.73 baths

Average Price by Bedrooms

1 bedroom $529,950
2 bedrooms $718,796
3 bedrooms $755,049
4 bedrooms $995,983
5 bedrooms $1,285,755
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 206 $1,237,607 52 days
Boulder Creek High School 134 $989,480 83 days
Central High School 130 $1,003,529 40 days
North High School 128 $820,893 83 days
Pinnacle High School 124 $924,669 25 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,000 $1,035,419 56 days
Newly Built Homes 222 $1,207,170 127 days
Homes with a Pool 701 $1,168,063 39 days
Multi-Million Dollar Homes 545 $1,990,353 81 days
Reduced Price Homes 178 $909,499 31 days
Distressed Homes 3 $665,966 15 days
Crane Real Estate, LLC | CRANE TEAM
Steven Crane- Designated Broker
1329 E Mescal St
Phoenix, AZ 85020
480-519-3085

© 2022 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 Steven Crane - Crane Real Estate / RAMP 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. May 23, 2022
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