Arizona Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $205,000
    2% ( $4,150 ) vs Jul 2013
  • Median Sales Price
    $178,000
    1% ( $2,500 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $138,000
    1% ( $1,000 ) vs Jul 2013
  • Foreclosures View
    Homes for Sale 39,562
    Recently Sold 97,031

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 39,562.

In August, the number of properties that received a foreclosure filing in AZ was 2% higher than the previous month and 28% lower than the same time last year.

Home sales for July 2014 were down 29% compared with the previous month, and down 45% 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 $138,000, or 22% lower than non-distressed home sales.

Sales Prices - Arizona




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$138,000 (Median Foreclosure Sales Price) $137,000 (Median Foreclosure Sales Price) $136,100 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $131,900 (Median Foreclosure Sales Price) $131,000 (Median Foreclosure Sales Price) $178,000 (Median Sales Price) $175,500 (Median Sales Price) $175,000 (Median Sales Price) $170,000 (Median Sales Price) $169,000 (Median Sales Price) $168,500 (Median Sales Price) $138,000 (Median Foreclosure Sales Price) $137,000 (Median Foreclosure Sales Price) $136,100 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $131,900 (Median Foreclosure Sales Price) $131,000 (Median Foreclosure Sales Price) $178,000 (Median Sales Price) $175,500 (Median Sales Price) $175,000 (Median Sales Price) $170,000 (Median Sales Price) $169,000 (Median Sales Price) $168,500 (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
1,527
49.9
% (y-o-y)
$166,000
0.9
% (y-o-y)
25.9%
24.0
% (y-o-y)
Tucson
919
45.7
% (y-o-y)
$163,000
2.7
% (y-o-y)
30.7%
26.8
% (y-o-y)
Mesa
546
49.9
% (y-o-y)
$174,900
6.0
% (y-o-y)
19.7%
12.1
% (y-o-y)
Scottsdale
433
63.9
% (y-o-y)
$375,000
1.6
% (y-o-y)
23.3%
23.9
% (y-o-y)
Gilbert
332
51.2
% (y-o-y)
$246,000
1.4
% (y-o-y)
10.5%
10.1
% (y-o-y)
Glendale
328
43.8
% (y-o-y)
$165,500
5.8
% (y-o-y)
14.8%
13.6
% (y-o-y)
Chandler
315
49.9
% (y-o-y)
$235,000
2.0
% (y-o-y)
23.2%
15.1
% (y-o-y)
Peoria
222
53.2
% (y-o-y)
$212,150
8.8
% (y-o-y)
27.4%
17.4
% (y-o-y)
Surprise
199
53.7
% (y-o-y)
$184,800
12.0
% (y-o-y)
12.5%
6.1
% (y-o-y)
Queen Creek
180
52.4
% (y-o-y)
$170,000
6.3
% (y-o-y)
2.6%
13.0
% (y-o-y)

Local Info For Arizona

Population:
6,246,816
Schools: 2761   
Household Median Income: $50,448
Unemployment: 7.40%
Percentage of vacant homes: 16.19%