Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $229,999
    0% ( $1 ) vs Jun 2014
  • Median Sales Price
    $190,000
    2% ( $3,000 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $135,450
    3% ( $4,049 ) vs Jun 2014
  • Foreclosures 4,749
    Homes for Sale 4,543
    Recently Sold 5,766

Market Summary

There are currently 4,749 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 4,543.

In July, the number of properties that received a foreclosure filing in Phoenix, AZ was 5% lower than the previous month and 26% lower than the same time last year.

Home sales for June 2015 were down 39% compared with the previous month, and down 57% compared with a year ago. The median sales price of a non-distressed home was $190,000. The median sales price of a foreclosure home was $135,450, or 29% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$135,450 (Median Foreclosure Sales Price) $131,401 (Median Foreclosure Sales Price) $128,355 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $190,000 (Median Sales Price) $187,000 (Median Sales Price) $179,000 (Median Sales Price) $175,000 (Median Sales Price) $174,000 (Median Sales Price) $169,000 (Median Sales Price) $135,450 (Median Foreclosure Sales Price) $131,401 (Median Foreclosure Sales Price) $128,355 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $190,000 (Median Sales Price) $187,000 (Median Sales Price) $179,000 (Median Sales Price) $175,000 (Median Sales Price) $174,000 (Median Sales Price) $169,000 (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
433
55.0
% (y-o-y)
$184,800
8.8
% (y-o-y)
15.1%
17.0
% (y-o-y)
Scottsdale
378
54.8
% (y-o-y)
$361,400
8.0
% (y-o-y)
6.4%
27.6
% (y-o-y)
Chandler
279
25.0
% (y-o-y)
$251,750
7.1
% (y-o-y)
20.6%
19.1
% (y-o-y)
Glendale
250
51.7
% (y-o-y)
$185,000
12.1
% (y-o-y)
17.5%
17.6
% (y-o-y)
Cave Creek
192
236.8
% (y-o-y)
$400,000
0.4
% (y-o-y)
6.6%
19.1
% (y-o-y)
Peoria
169
45.7
% (y-o-y)
$225,000
4.7
% (y-o-y)
17.8%
28.1
% (y-o-y)
Tempe
134
35.3
% (y-o-y)
$221,000
7.5
% (y-o-y)
18.6%
17.2
% (y-o-y)
Avondale
117
51.0
% (y-o-y)
$191,000
10.7
% (y-o-y)
9.7%
8.4
% (y-o-y)
Sun City
100
35.1
% (y-o-y)
$120,000
4.4
% (y-o-y)
18.6%
18.8
% (y-o-y)
Goodyear
63
38.8
% (y-o-y)
$200,500
6.1
% (y-o-y)
14.0%
13.4
% (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: 5.50%
Percentage of vacant homes: 13.07%