How much is my Phoenix home worth?

Your Phoenix home is likely worth around $498,000. That's the current typical listing price for homes in your area. This price is down a bit from last year. Currently, there are 19,514 homes for sale, which is fewer than last year. However, more new homes are coming on the market, with 7,444 new listings, up almost 10% from last year. This means you have more competition if you're selling, but also more choices if you're buying. Homes in Phoenix are staying on the market for about 60 days. This is a little longer than last year, suggesting buyers are taking more time to decide. Also, almost 30% of homes have lowered their prices, which means sellers are having to adjust their expectations. Looking at the average price per square foot, it