Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $252,500
    1% ( $2,500 ) vs Dec 2015
  • Median Sales Price
    $184,500
    1% ( $1,800 ) vs Dec 2015
  • Median Foreclosure Sales Price
    $161,000
    1% ( $1,350 ) vs Dec 2015
  • Foreclosures 4,627
    Homes for Sale 4,052
    Recently Sold 5,465

Market Summary

There are currently 4,627 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 4,052.

In January, the number of properties that received a foreclosure filing in Phoenix, AZ was 13% higher than the previous month and 6% lower than the same time last year.

Home sales for December 2016 were up 14% compared with the previous month, and down 23% compared with a year ago. The median sales price of a non-distressed home was $184,500. The median sales price of a foreclosure home was $161,000, or 13% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$161,000 (Median Foreclosure Sales Price) $159,650 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $152,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $184,500 (Median Sales Price) $182,700 (Median Sales Price) $195,000 (Median Sales Price) $195,000 (Median Sales Price) $192,571 (Median Sales Price) $187,000 (Median Sales Price) $161,000 (Median Foreclosure Sales Price) $159,650 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $152,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $184,500 (Median Sales Price) $182,700 (Median Sales Price) $195,000 (Median Sales Price) $195,000 (Median Sales Price) $192,571 (Median Sales Price) $187,000 (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!

Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Mesa
241
35.2
% (y-o-y)
$206,000
8.6
% (y-o-y)
21.8%
17.3
% (y-o-y)
Glendale
143
28.9
% (y-o-y)
$190,000
2.7
% (y-o-y)
14.2%
20.1
% (y-o-y)
Scottsdale
143
52.5
% (y-o-y)
$371,000
1.1
% (y-o-y)
16.4%
8.3
% (y-o-y)
Chandler
119
40.5
% (y-o-y)
$235,000
0.0
% (y-o-y)
Data not available
Peoria
79
33.1
% (y-o-y)
$225,000
7.1
% (y-o-y)
9.4%
22.4
% (y-o-y)
Avondale
67
15.2
% (y-o-y)
$197,000
1.5
% (y-o-y)
Data not available
Goodyear
44
50.6
% (y-o-y)
$205,000
1.0
% (y-o-y)
7.6%
12.4
% (y-o-y)
Tempe
37
59.8
% (y-o-y)
$249,900
10.5
% (y-o-y)
21.3%
22.7
% (y-o-y)
El Mirage
33
94.1
% (y-o-y)
$164,900
16.7
% (y-o-y)
16.0%
3.0
% (y-o-y)
Laveen
30
21.1
% (y-o-y)
$206,500
11.6
% (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: 4.20%
Percentage of vacant homes: 13.07%

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