Arizona Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $235,000
    1% ( $1,500 ) vs May 2015
  • Median Sales Price
    $200,000
    3% ( $5,000 ) vs May 2015
  • Median Foreclosure Sales Price
    $148,000
    5% ( $6,500 ) vs May 2015
  • Foreclosures View
    Homes for Sale 35,345
    Recently Sold 62,165

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 35,345.

In June, the number of properties that received a foreclosure filing in AZ was 33% lower than the previous month and 0% lower than the same time last year.

Home sales for May 2016 were down 50% compared with the previous month, and down 25% compared with a year ago. The median sales price of a non-distressed home was $200,000. The median sales price of a foreclosure home was $148,000, or 26% lower than non-distressed home sales.

Sales Prices - Arizona




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$148,000 (Median Foreclosure Sales Price) $141,500 (Median Foreclosure Sales Price) $138,958 (Median Foreclosure Sales Price) $139,900 (Median Foreclosure Sales Price) $141,000 (Median Foreclosure Sales Price) $143,000 (Median Foreclosure Sales Price) $200,000 (Median Sales Price) $195,000 (Median Sales Price) $190,000 (Median Sales Price) $187,500 (Median Sales Price) $187,256 (Median Sales Price) $186,000 (Median Sales Price) $148,000 (Median Foreclosure Sales Price) $141,500 (Median Foreclosure Sales Price) $138,958 (Median Foreclosure Sales Price) $139,900 (Median Foreclosure Sales Price) $141,000 (Median Foreclosure Sales Price) $143,000 (Median Foreclosure Sales Price) $200,000 (Median Sales Price) $195,000 (Median Sales Price) $190,000 (Median Sales Price) $187,500 (Median Sales Price) $187,256 (Median Sales Price) $186,000 (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
1,666
10.2
% (y-o-y)
$196,000
4.8
% (y-o-y)
23.8%
29.7
% (y-o-y)
Mesa
577
21.9
% (y-o-y)
$192,000
6.7
% (y-o-y)
14.0%
15.3
% (y-o-y)
Scottsdale
416
31.9
% (y-o-y)
$390,000
8.2
% (y-o-y)
15.4%
0.6
% (y-o-y)
Chandler
373
8.1
% (y-o-y)
$250,000
4.2
% (y-o-y)
7.9%
20.3
% (y-o-y)
Gilbert
324
14.7
% (y-o-y)
$265,000
3.9
% (y-o-y)
3.8%
11.8
% (y-o-y)
Tucson
323
51.9
% (y-o-y)
$165,000
0.7
% (y-o-y)
31.1%
27.5
% (y-o-y)
Glendale
322
9.8
% (y-o-y)
$192,000
5.1
% (y-o-y)
9.7%
19.6
% (y-o-y)
Surprise
246
9.9
% (y-o-y)
$202,000
6.4
% (y-o-y)
15.6%
13.9
% (y-o-y)
Peoria
208
19.1
% (y-o-y)
$230,000
1.3
% (y-o-y)
22.4%
22.1
% (y-o-y)
Tempe
150
29.6
% (y-o-y)
$239,900
9.0
% (y-o-y)
12.4%
20.3
% (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%

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