Phoenix is by far the most populated city in Arizona, and the 5th-most populated city in the entire United States. The sprawling city is the home to one of America’s largest and busiest housing markets.
If you’re planning to buy or sell property in this fast-paced and competitive market, you need the support of a successful Phoenix realtor. Use this guide to learn more about the area, then fill out our form to discover the best realtor in Phoenix for your specific real estate needs.
Median household income
$57,500
Average home price
$320,000
Average days on market
33
Real estate is booming all over Arizona, but Phoenix is in 1st place across the state. In September of 2020, Phoenix recorded the highest median sales price ever reported in the city. That figure is now $320,000. The Phoenix real estate landscape is competitive, with the average home selling for at or near its asking price in only 33 days.
Phoenix is generally a seller’s market—meaning sellers typically have the upper hand in negotiations—because “buyer demand refuses to die down,” according to Norada Real Estate Investments. Their market prediction for 2021 is that the upward trend in prices will continue. There will also continue to be more demand than supply, favoring sellers for at least the next 12 months.
To that end, data from the United States Census Bureau shows that the median household income in Phoenix is roughly $57,500.
Potential buyers looking into buying property typically struggle to find great listings and make great deals in a market that favors the seller. However, a top-tier Phoenix, AZ realtor with expert negotiating skills can put you ahead of the competition. Fill out our real estate agent form today to find some of the city’s best buyer agents, like:
Lauren has nearly two decades of real estate experience and a Masters of Real Estate Development from the W.P. Carey School of Business. Adding to this impressive résumé is her mastery of many different real estate disciplines, like tax and legal strategies, that help her clients achieve the best results.
Racheal is the owner and a real estate broker of Rachael Richards Realty. 17 years of experience in the industry has helped Rachael lead her team to be highlighted in The Wall Street Journal’s national list of top-producing real estate teams since 2012. She firmly believes in embracing the newest technologies and innovative systems to make her clients’ lives easier.
Adam Hamblen is an Arizona native and a graduate of Arizona State University, giving him strong community ties. 85% of his business comes through referrals. With nearly 700 reviews, Adam maintains a perfect five-star rating.
Having the support of a successful realtor in Phoenix, AZ will allow you to avoid typical real estate headaches, sell your home quickly, and maximize your return on investment. To find some of the best seller agents in Phoenix, fill out our form and discover agents like:
George is the leader of The Laughton Team with My Home Group Realty. His team currently ranks in the top 1% of all real estate teams in the nation. For 15 years, George has been helping Arizonans sell their homes at or above market value. With more than 1600 reviews, George and his team have a perfect five-star rating.
Jennifer maintains a robust database of buyers looking for Phoenix area homes. With more than 8,000 potential buyers lined up, it’s likely that the buyer of your home is ready and waiting in Jennifer’s database. She routinely sells homes for nearly 5% more than the average Phoenix real estate agent, and offers performance guarantees to all of her clients.
Jason is the founder and lead real estate broker of The Jason Mitchell Group, which has produced over $5 billion in sales. For three years in a row, Jason was named the #1 Producing Agent in Arizona, as well as Arizona’s Most Influential Millennial in 2018. He has been recognized by national outlets such as Forbes, The Wall Street Journal, GQ, FOX News, and more.
Listed below are a few key facts and figures about the 5th-biggest city in America.
Phoenix is home to approximately 1.61 million people.
The most common jobs in Phoenix are in sales, management, and office administration. Many of the city’s highest-paying careers are in technical occupations like health diagnosing, engineering, computers, and mathematics.
Two of the best public options are Vista Del Sur Traditional School for grades K-8, and Phoenix Union Bioscience High School for grades 9-12.
According to patient satisfaction data from Healthgrades, two of the city’s best healthcare facilities are Oasis Hospital and St. Joseph’s Hospital and Medical Center.
The annual average temperature in Phoenix is 71.1 degrees Fahrenheit, which is higher than the statewide average and much higher than the national average. The city receives very little rainfall, and is not at significant risk of natural extremes outside of heat waves.
Main attractions in Phoenix include taking in the views at scenic Papago Park, visiting the Desert Botanical Garden, going out for dinner and drinks in Roosevelt Row, and shopping in Old Town Scottsdale.
If you’re searching for Phoenix real estate listings, check out these zip codes first:
With an overall A+ grade from Niche, this neighborhood is ranked the #5 Best Zip Code to Buy a House in Arizona and the #2 Best Zip Code For Families in Arizona.
This less densely populated neighborhood on the edge of Phoenix has an A rating for jobs and is ranked #13 in the state for public schools.
With over 66,000 inhabitants, this is a much more central neighborhood with high marks for nightlife and diversity.
Phoenix is the home of some of the best realtors in the nation. In a real estate market with so much interest, buyers and sellers can benefit from the expertise of top-tier agents with proven success. Fill out our form today to meet a Phoenix realtor who has the perfect set of skills to handle your specific situation and deliver outstanding results.