Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $224,500
    2% ( $4,800 ) vs Sep 2016
  • Median Sales Price
    $193,000
    1% ( $2,000 ) vs Sep 2016
  • Median Foreclosure Sales Price
    $179,600
    0% ( $0 ) vs Sep 2016
  • Foreclosures 1,879
    Homes for Sale 4,366
    Recently Sold 19,485

Market Summary

There are currently 1,879 properties in Phoenix, AZ that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 4,366.

In October, the number of properties that received a foreclosure filing in Phoenix, AZ was 41% higher than the previous month and 31% lower than the same time last year.

Home sales for September 2017 were down 23% compared with the previous month, and down 30% compared with a year ago. The median sales price of a non-distressed home was $193,000. The median sales price of a foreclosure home was $179,600, or 7% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$179,600 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $150,150 (Median Foreclosure Sales Price) $157,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $193,000 (Median Sales Price) $195,000 (Median Sales Price) $195,000 (Median Sales Price) $193,000 (Median Sales Price) $187,000 (Median Sales Price) $181,000 (Median Sales Price) $179,600 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $150,150 (Median Foreclosure Sales Price) $157,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $193,000 (Median Sales Price) $195,000 (Median Sales Price) $195,000 (Median Sales Price) $193,000 (Median Sales Price) $187,000 (Median Sales Price) $181,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Mesa
285
30.5
% (y-o-y)
$219,000
4.3
% (y-o-y)
1.8%
16.7
% (y-o-y)
Glendale
169
28.4
% (y-o-y)
$200,000
2.5
% (y-o-y)
Data not available
Scottsdale
143
48.2
% (y-o-y)
$388,000
6.3
% (y-o-y)
Data not available
Chandler
124
47.7
% (y-o-y)
$268,000
4.7
% (y-o-y)
Data not available
Peoria
108
36.5
% (y-o-y)
$235,000
0.0
% (y-o-y)
Data not available
Avondale
74
15.9
% (y-o-y)
$210,000
0.5
% (y-o-y)
Data not available
Tempe
46
54.5
% (y-o-y)
$245,500
0.4
% (y-o-y)
Data not available
El Mirage
32
25.6
% (y-o-y)
$178,250
12.8
% (y-o-y)
Data not available
Goodyear
32
39.6
% (y-o-y)
$211,500
0.8
% (y-o-y)
Data not available
Laveen
30
25.0
% (y-o-y)
$225,000
9.8
% (y-o-y)
Data not available

Local Info For Phoenix

Population:
1,450,206
Cost of Living Index: 113.52
Crime Index: 160.40     Rating: C View crime details
Schools: 360    Average School Rating: C+ View individual school rating
Household Median Income: $48,823
Unemployment: 4.70%
Percentage of vacant homes: 13.07%

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