Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $225,000
    2% ( $5,100 ) vs Mar 2016
  • Median Sales Price
    $179,500
    0% ( $400 ) vs Mar 2016
  • Median Foreclosure Sales Price
    $153,000
    3% ( $4,860 ) vs Mar 2016
  • Foreclosures 2,733
    Homes for Sale 4,113
    Recently Sold 5,528

Market Summary

There are currently 2,733 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 4,113.

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

Home sales for March 2017 were up 13% compared with the previous month, and down 66% compared with a year ago. The median sales price of a non-distressed home was $179,500. The median sales price of a foreclosure home was $153,000, or 15% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$153,000 (Median Foreclosure Sales Price) $148,140 (Median Foreclosure Sales Price) $161,000 (Median Foreclosure Sales Price) $161,000 (Median Foreclosure Sales Price) $159,650 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $179,500 (Median Sales Price) $179,900 (Median Sales Price) $185,000 (Median Sales Price) $184,500 (Median Sales Price) $182,700 (Median Sales Price) $195,000 (Median Sales Price) $153,000 (Median Foreclosure Sales Price) $148,140 (Median Foreclosure Sales Price) $161,000 (Median Foreclosure Sales Price) $161,000 (Median Foreclosure Sales Price) $159,650 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $179,500 (Median Sales Price) $179,900 (Median Sales Price) $185,000 (Median Sales Price) $184,500 (Median Sales Price) $182,700 (Median Sales Price) $195,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac's parent company, ATTOM Data Solutions, 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
288
76.0
% (y-o-y)
$208,000
11.9
% (y-o-y)
9.4%
15.3
% (y-o-y)
Scottsdale
220
72.5
% (y-o-y)
$380,000
2.3
% (y-o-y)
16.8%
16.5
% (y-o-y)
Glendale
176
62.6
% (y-o-y)
$189,450
5.2
% (y-o-y)
10.2%
10.3
% (y-o-y)
Chandler
148
74.4
% (y-o-y)
$250,400
0.6
% (y-o-y)
23.3%
7.6
% (y-o-y)
Peoria
122
64.9
% (y-o-y)
$220,000
2.2
% (y-o-y)
13.9%
18.9
% (y-o-y)
Avondale
109
33.9
% (y-o-y)
$205,000
0.2
% (y-o-y)
7.3%
20.4
% (y-o-y)
Tempe
56
72.4
% (y-o-y)
$228,500
1.7
% (y-o-y)
8.5%
19.3
% (y-o-y)
Goodyear
47
57.7
% (y-o-y)
$214,700
3.1
% (y-o-y)
16.6%
15.2
% (y-o-y)
El Mirage
35
53.3
% (y-o-y)
$167,000
9.3
% (y-o-y)
9.7%
11.7
% (y-o-y)
Laveen
34
52.8
% (y-o-y)
$212,000
13.4
% (y-o-y)
7.9%
1.3
% (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: 4.20%
Percentage of vacant homes: 13.07%

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