Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $209,900
    5% ( $9,900 ) vs Oct 2013
  • Median Sales Price
    $175,000
    0% ( $0 ) vs Oct 2013
  • Median Foreclosure Sales Price
    $120,000
    3% ( $3,500 ) vs Oct 2013
  • Foreclosures 6,686
    Homes for Sale 5,297
    Recently Sold 18,710

Market Summary

There are currently 6,686 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 5,297.

In November, the number of properties that received a foreclosure filing in Phoenix, AZ was 22% lower than the previous month and 25% lower than the same time last year.

Home sales for October 2014 were up 6% compared with the previous month, and up 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 $120,000, or 31% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$120,000 (Median Foreclosure Sales Price) $123,500 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $123,000 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $124,000 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $170,000 (Median Sales Price) $166,000 (Median Sales Price) $165,000 (Median Sales Price) $166,000 (Median Sales Price) $120,000 (Median Foreclosure Sales Price) $123,500 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $123,000 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $124,000 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $170,000 (Median Sales Price) $166,000 (Median Sales Price) $165,000 (Median Sales Price) $166,000 (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
810
20.5
% (y-o-y)
$172,900
4.9
% (y-o-y)
17.9%
13.8
% (y-o-y)
Scottsdale
607
21.2
% (y-o-y)
$349,000
5.7
% (y-o-y)
13.8%
24.3
% (y-o-y)
Chandler
425
20.1
% (y-o-y)
$235,000
2.2
% (y-o-y)
21.9%
16.0
% (y-o-y)
Glendale
416
21.3
% (y-o-y)
$164,900
0.5
% (y-o-y)
15.2%
12.8
% (y-o-y)
Peoria
302
28.0
% (y-o-y)
$211,700
2.3
% (y-o-y)
11.7%
14.0
% (y-o-y)
Sun City
198
57.1
% (y-o-y)
$118,000
7.3
% (y-o-y)
25.9%
33.1
% (y-o-y)
Avondale
170
54.5
% (y-o-y)
$177,000
5.7
% (y-o-y)
20.9%
11.3
% (y-o-y)
Tempe
168
24.7
% (y-o-y)
$212,000
7.1
% (y-o-y)
12.7%
23.9
% (y-o-y)
Goodyear
160
100.0
% (y-o-y)
$195,000
8.3
% (y-o-y)
9.8%
9.3
% (y-o-y)
El Mirage
74
51.0
% (y-o-y)
$130,000
4.0
% (y-o-y)
8.1%
7.4
% (y-o-y)

Local Info For Phoenix

Population:
1,450,206
Cost of Living Index: 113.52
Crime Index: 167.22     Rating: C View crime details
Schools: 360    Average School Rating: C+ View individual school rating
Household Median Income: $48,823
Unemployment: 5.90%
Percentage of vacant homes: 13.07%