Arizona Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $201,950
    3% ( $6,550 ) vs Feb 2014
  • Median Sales Price
    $178,000
    2% ( $3,000 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $140,000
    2% ( $2,500 ) vs Feb 2014
  • Foreclosures View
    Homes for Sale 42,217
    Recently Sold 53,525

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 42,217.

In March, the number of properties that received a foreclosure filing in AZ was 45% lower than the previous month and 60% lower than the same time last year.

Home sales for February 2015 were down 13% compared with the previous month, and down 32% compared with a year ago. The median sales price of a non-distressed home was $178,000. The median sales price of a foreclosure home was $140,000, or 21% lower than non-distressed home sales.

Sales Prices - Arizona




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$140,000 (Median Foreclosure Sales Price) $137,500 (Median Foreclosure Sales Price) $136,300 (Median Foreclosure Sales Price) $135,300 (Median Foreclosure Sales Price) $138,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $178,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $178,000 (Median Sales Price) $179,000 (Median Sales Price) $140,000 (Median Foreclosure Sales Price) $137,500 (Median Foreclosure Sales Price) $136,300 (Median Foreclosure Sales Price) $135,300 (Median Foreclosure Sales Price) $138,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $178,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $178,000 (Median Sales Price) $179,000 (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
1,632
31.7
% (y-o-y)
$174,000
10.1
% (y-o-y)
29.9%
27.2
% (y-o-y)
Mesa
652
20.4
% (y-o-y)
$168,000
5.0
% (y-o-y)
11.9%
5.2
% (y-o-y)
Glendale
537
47.9
% (y-o-y)
$170,000
5.9
% (y-o-y)
21.5%
15.9
% (y-o-y)
Scottsdale
524
8.9
% (y-o-y)
$357,000
1.4
% (y-o-y)
13.1%
7.5
% (y-o-y)
Tucson
457
58.0
% (y-o-y)
$157,000
1.9
% (y-o-y)
34.7%
31.8
% (y-o-y)
Chandler
354
15.3
% (y-o-y)
$227,500
1.1
% (y-o-y)
21.0%
22.6
% (y-o-y)
Gilbert
324
12.2
% (y-o-y)
$249,000
2.9
% (y-o-y)
12.6%
8.1
% (y-o-y)
Surprise
234
19.0
% (y-o-y)
$184,900
6.3
% (y-o-y)
13.5%
8.6
% (y-o-y)
Peoria
221
10.5
% (y-o-y)
$212,000
5.5
% (y-o-y)
24.1%
18.9
% (y-o-y)
Queen Creek
166
31.7
% (y-o-y)
$170,000
6.3
% (y-o-y)
3.5%
13.5
% (y-o-y)

Local Info For Arizona

Population:
6,246,816
Schools: 2761   
Household Median Income: $50,448
Unemployment: 6.20%
Percentage of vacant homes: 16.19%