Recently built “new construction” homes in Phoenix, AZ, have been rising sharply since 2022. In 2022, 541 new construction homes were sold in Phoenix. In 2023, that number jumped to 819—a 51% increase in one year. Unlike Chicago or Philadelphia, where there’s a higher percentage of townhouses or condos, the majority of the newly built homes in Phoenix are Single Family Residences (86% of all sold properties in 2023). And the majority of these residences are part of a homeowners association (or HOA). The median price for a new construction home was $650,000 in 2023; that’s 42% higher than the median price across Phoenix.
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New Construction Homes for Sale in Phoenix, AZ
30 homes
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1018 North 25th Place, Phoenix, AZ 85008
Hard to find New Construction Home in 85008. 5 Bedroom 3 Bath with 2 car garage.
10 foot ceilings. Quartz Counters, Shaker Style Cabinets. New Stainless appliances.
Could be Flex Home, as room for...
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3131 North Central Avenue Unit 3022, Phoenix, AZ 85012
*Construction Completed* 5% BUYER INCENTIVE! Introducing Edison Midtown Phase 2 with 60 new construction condominiums. This spacious two bedroom condo offers ten ft. ceilings, an open floor plan, and...
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3131 North Central Avenue Unit 4014, Phoenix, AZ 85012
*Construction Completed* 5% BUYER INCENTIVE! Introducing Edison Midtown Phase 2 with 60 new construction condominiums. This spacious two bedroom condo offers ten ft. ceilings, an open floor plan, an...
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