Arizona Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $205,000
    3% ( $5,000 ) vs May 2013
  • Median Sales Price
    $175,000
    3% ( $5,000 ) vs May 2013
  • Median Foreclosure Sales Price
    $136,100
    1% ( $1,100 ) vs May 2013
  • Foreclosures View
    Homes for Sale 40,567
    Recently Sold 99,364

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 40,567.

In June, the number of properties that received a foreclosure filing in AZ was 6% lower than the previous month and 45% lower than the same time last year.

Home sales for May 2014 were up 5% compared with the previous month, and down 15% compared with a year ago. The median sales price of a non-distressed home was $175,000. The median sales price of a foreclosure home was $136,100, or 22% lower than non-distressed home sales.

Sales Prices - Arizona




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$136,100 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $131,900 (Median Foreclosure Sales Price) $131,000 (Median Foreclosure Sales Price) $133,000 (Median Foreclosure Sales Price) $134,000 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $170,000 (Median Sales Price) $169,000 (Median Sales Price) $168,500 (Median Sales Price) $170,000 (Median Sales Price) $170,000 (Median 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) $133,000 (Median Foreclosure Sales Price) $134,000 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $170,000 (Median Sales Price) $169,000 (Median Sales Price) $168,500 (Median Sales Price) $170,000 (Median Sales Price) $170,000 (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
2,622
16.1
% (y-o-y)
$166,000
7.1
% (y-o-y)
25.3%
25.7
% (y-o-y)
Mesa
1,171
4.2
% (y-o-y)
$167,750
7.5
% (y-o-y)
13.0%
11.7
% (y-o-y)
Tucson
833
49.1
% (y-o-y)
$157,600
0.5
% (y-o-y)
29.5%
26.6
% (y-o-y)
Scottsdale
799
28.1
% (y-o-y)
$388,000
4.9
% (y-o-y)
24.6%
23.0
% (y-o-y)
Chandler
565
10.2
% (y-o-y)
$229,000
4.6
% (y-o-y)
16.8%
18.9
% (y-o-y)
Gilbert
520
16.4
% (y-o-y)
$240,000
3.0
% (y-o-y)
12.5%
7.8
% (y-o-y)
SURPRISE
463
5.7
% (y-o-y)
$180,000
11.1
% (y-o-y)
8.3%
5.6
% (y-o-y)
Glendale
453
27.3
% (y-o-y)
$165,000
10.0
% (y-o-y)
18.8%
12.6
% (y-o-y)
Peoria
320
30.9
% (y-o-y)
$212,000
12.2
% (y-o-y)
28.3%
16.9
% (y-o-y)
Queen Creek
274
32.0
% (y-o-y)
$165,000
9.3
% (y-o-y)
4.8%
16.8
% (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%