Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $206,000
    0% ( $1,000 ) vs Feb 2014
  • Median Sales Price
    $174,000
    3% ( $5,000 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $122,000
    0% ( $0 ) vs Feb 2014
  • Foreclosures 5,231
    Homes for Sale 5,067
    Recently Sold 10,661

Market Summary

There are currently 5,231 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 5,067.

In March, the number of properties that received a foreclosure filing in Phoenix, AZ was 43% lower than the previous month and 58% lower than the same time last year.

Home sales for February 2015 were up 4% compared with the previous month, and down 31% compared with a year ago. The median sales price of a non-distressed home was $174,000. The median sales price of a foreclosure home was $122,000, or 30% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$122,000 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $114,450 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $123,000 (Median Foreclosure Sales Price) $174,000 (Median Sales Price) $169,000 (Median Sales Price) $170,000 (Median Sales Price) $170,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $122,000 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $114,450 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $123,000 (Median Foreclosure Sales Price) $174,000 (Median Sales Price) $169,000 (Median Sales Price) $170,000 (Median Sales Price) $170,000 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (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
652
20.4
% (y-o-y)
$168,000
5.0
% (y-o-y)
11.9%
5.2
% (y-o-y)
Glendale
537
47.9
% (y-o-y)
$170,000
5.9
% (y-o-y)
21.5%
15.9
% (y-o-y)
Scottsdale
524
8.9
% (y-o-y)
$357,000
1.4
% (y-o-y)
13.1%
7.5
% (y-o-y)
Chandler
354
15.3
% (y-o-y)
$227,500
1.1
% (y-o-y)
21.0%
22.6
% (y-o-y)
Peoria
221
10.5
% (y-o-y)
$212,000
5.5
% (y-o-y)
24.1%
18.9
% (y-o-y)
Sun City
159
23.9
% (y-o-y)
$122,750
5.4
% (y-o-y)
21.9%
33.0
% (y-o-y)
Tempe
142
66.4
% (y-o-y)
$214,000
7.0
% (y-o-y)
14.5%
12.5
% (y-o-y)
Avondale
121
8.3
% (y-o-y)
$185,000
6.9
% (y-o-y)
16.8%
13.3
% (y-o-y)
Goodyear
66
18.5
% (y-o-y)
$195,500
2.4
% (y-o-y)
13.8%
28.8
% (y-o-y)
Laveen
59
1.7
% (y-o-y)
$168,050
3.7
% (y-o-y)
5.4%
12.0
% (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: 5.60%
Percentage of vacant homes: 13.07%