Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $235,000
    2% ( $4,000 ) vs Sep 2015
  • Median Sales Price
    $195,000
    1% ( $2,323 ) vs Sep 2015
  • Median Foreclosure Sales Price
    $153,000
    2% ( $3,000 ) vs Sep 2015
  • Foreclosures 5,182
    Homes for Sale 4,470
    Recently Sold 5,955

Market Summary

There are currently 5,182 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 4,470.

In October, the number of properties that received a foreclosure filing in Phoenix, AZ was 3% lower than the previous month and 28% higher than the same time last year.

Home sales for September 2016 were down 54% compared with the previous month, and up 1133% compared with a year ago. The median sales price of a non-distressed home was $195,000. The median sales price of a foreclosure home was $153,000, or 22% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$153,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $150,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $149,367 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $195,000 (Median Sales Price) $192,677 (Median Sales Price) $187,000 (Median Sales Price) $191,500 (Median Sales Price) $196,000 (Median Sales Price) $191,000 (Median Sales Price) $153,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $150,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $149,367 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $195,000 (Median Sales Price) $192,677 (Median Sales Price) $187,000 (Median Sales Price) $191,500 (Median Sales Price) $196,000 (Median Sales Price) $191,000 (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
410
322.7
% (y-o-y)
$210,000
24.9
% (y-o-y)
16.7%
9.5
% (y-o-y)
Scottsdale
276
452.0
% (y-o-y)
$367,000
6.1
% (y-o-y)
6.7%
23.7
% (y-o-y)
Chandler
237
308.6
% (y-o-y)
$256,000
8.9
% (y-o-y)
18.4%
12.3
% (y-o-y)
Glendale
236
237.1
% (y-o-y)
$195,900
14.0
% (y-o-y)
13.8%
16.8
% (y-o-y)
Peoria
170
359.5
% (y-o-y)
$235,000
23.7
% (y-o-y)
19.9%
21.3
% (y-o-y)
Tempe
101
304.0
% (y-o-y)
$244,450
12.0
% (y-o-y)
15.5%
25.1
% (y-o-y)
Avondale
88
319.0
% (y-o-y)
$209,000
4.8
% (y-o-y)
8.1%
14.0
% (y-o-y)
Sun City
59
321.4
% (y-o-y)
$133,000
72.2
% (y-o-y)
13.5%
52.8
% (y-o-y)
Goodyear
53
278.6
% (y-o-y)
$209,450
3.0
% (y-o-y)
Data not available
El Mirage
43
126.3
% (y-o-y)
$158,000
21.5
% (y-o-y)
2.5%
0.5
% (y-o-y)

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: 5.60%
Percentage of vacant homes: 13.07%

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