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|Apartment Size||Sep||vs Last Month|
|1 bed apartments||$244,484||+1.9%|
|2 bed apartments||$289,008||-1.1%|
|3 bed apartments||$430,879||+0.7%|
|4+ bed apartments||$753,057||+1.1%|
During Sep 2020, the average price for an apartment in/near Phoenix, AZ decreased by 0.2% to $546,949.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 1.9% to $244,484. Asking price for 2-bed apartment also decreased by 1.1% and a place of this size will now cost you $289,008. A 3-bed apartment goes for $430,879, it increased by 0.7% lately. We discerned the rise of 4- and more bed apartment price. It increased by 1.1% and made it up to $753,057.
|Listing Type||Sep||vs Last Month|
|Houses for sale||$603,882||-0.8%|
|Apartments for sale||$411,432||-0.5%|
|Townhouses for sale||$313,003||+0.8%|
|Lofts for sale||$589,632||+1%|
|Duplexes for sale||$466,142||+2.3%|
|Condos for sale||$175,000||+0%|
The average cost of an apartment in Phoenix, AZ decreased by 0.5% to $411,432. Price reports demonstrate that house price decreased by 0.8% this month making it up to $603,882. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $175,000. You can now purchase a duplex for just $466,142, duplex price increased by 2.3% this month. The price dynamics of lofts changed, it increased by 1%, the price tag now starts at $589,632. The property value of townhouses increased by 0.8%, you’ll have to spend around $313,003 to get one.