Property prices for sale in Phoenix (Arizona)

The prices in real estate in Phoenix, in the Arizona region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$439,941
Average price last 6 months
$219.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Phoenix has increased strongly during the last 6 months. In December, the average price per sq.feet was $178. In the following month the price per sq.feet increased to $187. In the following two months the price per sq.feet has increased 113 %, going from $182.5 to $205.5 per sq.feet. The price per sq.feet has had a considerable increase of 140 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $194 to $271.5 during April, and May.

Average price

Based upon to the price in Phoenix (cities), this has gone up considerably in the last 6 months. In our first sample month during December, the average price is $340,032. In January This price remains at $341,630. During the following two months (February, March) the price has had an average incrementation from $340,831 to $383,557.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 164 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $602,093 they are 39 % more affordable than the average price for Phoenix. The properties with the highest average price have 1 bedroom, Their price is 205 % more costly than the average. After that we have properties with 4 bedrooms priced at $469,916.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $171 / sq.feet, with an average $293 / sq.feet price in Phoenix. The properties with the highest average prices have 1 bedroom. They are 2495 % more expensive than the average followed by properties with 2 bedrooms with a price at $254 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $602,093 it is 66 % cheaper than the average price in Phoenix. "Villa" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $597,286 it is 9 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $159 / sq.feet followed by "House" priced at $232 / sq.feet. "Commercial" is the most costly type of property with a $1,395 / sq.feet cost followed by "Apartment" with an average price of $323 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Phoenix
Number of properties used in region Arizona
$602,093
$293
28,124
313,744
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
800 North Central Avenue 1 Bedroom Apartment For Rent At 800 North Central Avenue #406, Ph...
 20
800 North Central Avenue 1 Bedroom Apartment For Rent At 800 North Central Avenue #406, Ph...
$2,200
Phoenix, Arizona - For Rent - Apartment - 467 sq.feet - 1 bedroom - 1 bathroom
Fully furnished apartments available for flexible lease. Every apartment is professionally cleaned before you move-in with contactless check-in and 24/7 phone...
800 North Central Avenue 1 Bedroom Apartment For Rent At 800 North Central Avenue #401, Ph...
 20
800 North Central Avenue 1 Bedroom Apartment For Rent At 800 North Central Avenue #401, Ph...
$2,200
Phoenix, Arizona - For Rent - Apartment - 741 sq.feet - 1 bedroom - 1 bathroom
Fully furnished apartments available for flexible lease. Every apartment is professionally cleaned before you move-in with contactless check-in and 24/7 phone...
800 North Central Avenue 1 Bedroom Apartment For Rent At 800 North Central Avenue #1309, P...
 20
800 North Central Avenue 1 Bedroom Apartment For Rent At 800 North Central Avenue #1309, P...
$2,200
Phoenix, Arizona - For Rent - Apartment - 510 sq.feet - 1 bedroom - 1 bathroom
Fully furnished apartments available for flexible lease. Every apartment is professionally cleaned before you move-in with contactless check-in and 24/7 phone...
800 North Central Avenue 2 Bedroom Apartment For Rent At 800 North Central Avenue #1311, P...
 20
800 North Central Avenue 2 Bedroom Apartment For Rent At 800 North Central Avenue #1311, P...
$2,280
Phoenix, Arizona - For Rent - Apartment - 1,082 sq.feet - 2 bedrooms - 2 bathrooms
Fully furnished apartments available for flexible lease. Every apartment is professionally cleaned before you move-in with contactless check-in and 24/7 phone...
800 North Central Avenue 2 Bedroom Apartment For Rent At 800 North Central Avenue #1325, P...
 20
800 North Central Avenue 2 Bedroom Apartment For Rent At 800 North Central Avenue #1325, P...
$2,280
Phoenix, Arizona - For Rent - Apartment - 1,307 sq.feet - 2 bedrooms - 1 bathroom
Fully furnished apartments available for flexible lease. Every apartment is professionally cleaned before you move-in with contactless check-in and 24/7 phone...