Phoenix

Phoenix Metropolitan Area

$450K

Median Home Value

6.2%

Annual Appreciation

4.9M

Metro Population

$68K

Median Household Income

📊 Market Overview

Market Conditions

Phoenix is one of the fastest-growing metros in the US, offering relative affordability compared to California markets. New construction is robust with desert lifestyle appeal.

Key Neighborhoods

Popular areas: Scottsdale, Tempe, Mesa, Arcadia, Paradise Valley

Price per square foot typically ranges $250-$800+ depending on location and property type.

Market Type

Current market conditions favor balanced with competitive inventory and strong demand across most price points.

📈 Data Sources & Market Resources

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