Phoenix, AZ Homes for Sale & Real Estate

Phoenix, AZ Housing Market

The Phoenix housing market is moderately competitive. On average, homes in Phoenix receive two offers and sell within approximately 49 days. Last month, the median home sale price in Phoenix was $452,000, reflecting a 2.7% increase compared to the previous year. The median sale price per square foot remains steady at $282, showing no change from the previous year.

Home inspections are a crucial part of the home-buying process in Phoenix. Given the desert climate, it's essential to inspect for issues related to heat, such as roof wear and tear, HVAC system performance, and potential pest problems like termites. An inspector will also check the foundation for cracks, which can occur due to soil expansion and contraction. Budget around $300–$500 for a thorough inspection and consider additional specialized inspections for pools, septic systems, or solar panels if applicable.

In Phoenix, pools are a common feature due to the hot climate. When buying a home with a pool, consider the maintenance costs (typically $80–$150 per month), pool safety requirements (especially if you have kids), and the condition of the pool equipment. A pool inspection, often costing $100–$200, is recommended to evaluate the pool’s structural integrity, plumbing, and filtration systems. Also, be aware of local regulations requiring secure fencing or covers.

Choosing the right neighborhood in Phoenix depends on your lifestyle needs. Consider factors such as commute times, school district quality, and proximity to amenities like shopping, parks, and healthcare. Online tools, local real estate agents, and visiting neighborhoods at different times of the day can provide insight. Popular neighborhoods for families include Arcadia and Ahwatukee, while young professionals often prefer downtown or midtown Phoenix for their vibrant culture and nightlife.

Preparing your home for sale in Phoenix involves several steps. First, focus on curb appeal: ensure landscaping is tidy, remove weeds, and consider adding desert-friendly plants. Inside, address any deferred maintenance, such as repairing HVAC systems or sealing cracks in windows to combat the heat. Since Phoenix homes are exposed to intense sunlight, fresh paint and updated window treatments can make a significant difference. Staging your home with light, neutral colors can also make it more appealing to buyers.

Arizona law requires sellers to disclose material facts about the property. This includes issues such as roof leaks, plumbing problems, termite damage, or HVAC system deficiencies. Due to the desert environment, you should also disclose any past or ongoing pest infestations, water damage from monsoon rains, or soil-related foundation issues. Use Arizona's Seller Property Disclosure Statement (SPDS) form to ensure all disclosures are made accurately.

Pricing your home competitively involves analyzing comparable sales (comps) in your area. Look at homes with similar size, age, and features within a one-mile radius that sold in the past 3–6 months. Keep in mind Phoenix's unique factors, such as whether the home has energy-efficient upgrades, solar panels, or a pool, as these can affect value. Working with a local real estate agent who understands the Phoenix market can help you set a realistic asking price that attracts buyers.

Phoenix Guide

Ready to uncover all that Phoenix has to offer? Dive into our comprehensive Phoenix neighborhood guide to explore the distinct vibes, amenities, and housing options each area presents. Whether you're considering moving to Phoenix or just curious about its diverse communities, our guide provides the insights you need to discover the neighborhood that best suits your lifestyle and preferences. Start exploring today to find your ideal spot in this vibrant city!