Arizona Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $219,900
    2% ( $5,000 ) vs May 2014
  • Median Sales Price
    $190,000
    6% ( $10,000 ) vs May 2014
  • Median Foreclosure Sales Price
    $141,000
    0% ( $0 ) vs May 2014
  • Foreclosures View
    Homes for Sale 38,241
    Recently Sold 35,596

Market Summary

There are currently (contact us for foreclosure counts) properties in AZ that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 38,241.

In June, the number of properties that received a foreclosure filing in AZ was 19% lower than the previous month and 5% lower than the same time last year.

Home sales for May 2015 were up 100% compared with the previous month, and down 35% compared with a year ago. The median sales price of a non-distressed home was $190,000. The median sales price of a foreclosure home was $141,000, or 26% lower than non-distressed home sales.

Sales Prices - Arizona




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$141,000 (Median Foreclosure Sales Price) $141,000 (Median Foreclosure Sales Price) $139,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $137,500 (Median Foreclosure Sales Price) $136,300 (Median Foreclosure Sales Price) $190,000 (Median Sales Price) $180,000 (Median Sales Price) $178,000 (Median Sales Price) $178,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $141,000 (Median Foreclosure Sales Price) $141,000 (Median Foreclosure Sales Price) $139,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $137,500 (Median Foreclosure Sales Price) $136,300 (Median Foreclosure Sales Price) $190,000 (Median Sales Price) $180,000 (Median Sales Price) $178,000 (Median Sales Price) $178,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac can supply you with this data through reports or a data license. Contact us now!

Top Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Phoenix
1,854
32.6
% (y-o-y)
$187,000
12.7
% (y-o-y)
29.7%
25.3
% (y-o-y)
Mesa
739
37.2
% (y-o-y)
$180,000
7.1
% (y-o-y)
15.3%
13.7
% (y-o-y)
Scottsdale
611
23.7
% (y-o-y)
$360,500
7.0
% (y-o-y)
Data not available
Tucson
546
37.3
% (y-o-y)
$163,500
2.3
% (y-o-y)
27.7%
30.4
% (y-o-y)
Cave Creek
536
644.4
% (y-o-y)
$419,400
8.2
% (y-o-y)
Data not available
Chandler
406
28.3
% (y-o-y)
$240,000
4.4
% (y-o-y)
20.3%
16.0
% (y-o-y)
Gilbert
380
26.8
% (y-o-y)
$255,000
6.3
% (y-o-y)
11.8%
12.4
% (y-o-y)
Glendale
357
21.7
% (y-o-y)
$182,750
10.8
% (y-o-y)
19.6%
18.8
% (y-o-y)
Surprise
273
41.3
% (y-o-y)
$189,900
5.5
% (y-o-y)
13.9%
8.3
% (y-o-y)
Peoria
257
19.9
% (y-o-y)
$227,000
6.2
% (y-o-y)
22.1%
29.8
% (y-o-y)

Local Info For Arizona

Population:
6,246,816
Schools: 2761   
Household Median Income: $50,448
Unemployment: 5.50%
Percentage of vacant homes: 16.19%