Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $245,000
    1% ( $1,800 ) vs Jun 2015
  • Median Sales Price
    $191,500
    2% ( $4,500 ) vs Jun 2015
  • Median Foreclosure Sales Price
    $150,000
    0% ( $633 ) vs Jun 2015
  • Foreclosures 5,145
    Homes for Sale 5,020
    Recently Sold 11,617

Market Summary

There are currently 5,145 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 5,020.

In July, the number of properties that received a foreclosure filing in Phoenix, AZ was 19% higher than the previous month and 2% higher than the same time last year.

Home sales for June 2016 were down 35% compared with the previous month, and up 5% compared with a year ago. The median sales price of a non-distressed home was $191,500. The median sales price of a foreclosure home was $150,000, or 22% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$150,000 (Median Foreclosure Sales Price) $149,367 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $191,500 (Median Sales Price) $196,000 (Median Sales Price) $191,000 (Median Sales Price) $188,000 (Median Sales Price) $182,377 (Median Sales Price) $183,000 (Median Sales Price) $150,000 (Median Foreclosure Sales Price) $149,367 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $191,500 (Median Sales Price) $196,000 (Median Sales Price) $191,000 (Median Sales Price) $188,000 (Median Sales Price) $182,377 (Median Sales Price) $183,000 (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
358
17.3
% (y-o-y)
$197,500
6.9
% (y-o-y)
17.8%
15.1
% (y-o-y)
Glendale
221
11.6
% (y-o-y)
$197,000
6.5
% (y-o-y)
14.7%
17.5
% (y-o-y)
Chandler
192
31.4
% (y-o-y)
$253,050
0.4
% (y-o-y)
7.5%
20.6
% (y-o-y)
Scottsdale
184
51.3
% (y-o-y)
$385,000
6.5
% (y-o-y)
14.5%
6.4
% (y-o-y)
Peoria
130
23.1
% (y-o-y)
$232,750
3.4
% (y-o-y)
19.7%
17.8
% (y-o-y)
Avondale
100
14.5
% (y-o-y)
$205,000
7.3
% (y-o-y)
13.5%
9.7
% (y-o-y)
Tempe
76
43.3
% (y-o-y)
$236,375
7.0
% (y-o-y)
9.0%
18.6
% (y-o-y)
El Mirage
53
15.2
% (y-o-y)
$153,000
9.4
% (y-o-y)
8.5%
7.9
% (y-o-y)
Goodyear
52
21.2
% (y-o-y)
$219,000
9.2
% (y-o-y)
24.7%
14.0
% (y-o-y)
Tolleson
33
13.2
% (y-o-y)
$177,500
7.9
% (y-o-y)
Data not available

Local Info For Phoenix

Population:
1,450,206
Cost of Living Index: 113.52
Crime Index: 169.74     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%

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