Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $249,000
    2% ( $4,000 ) vs Apr 2015
  • Median Sales Price
    $191,000
    2% ( $3,000 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $145,000
    4% ( $5,000 ) vs Apr 2015
  • Foreclosures 5,123
    Homes for Sale 5,174
    Recently Sold 14,105

Market Summary

There are currently 5,123 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 5,174.

In May, the number of properties that received a foreclosure filing in Phoenix, AZ was 2% lower than the previous month and 8% lower than the same time last year.

Home sales for April 2016 were down 1% compared with the previous month, and up 215% compared with a year ago. The median sales price of a non-distressed home was $191,000. The median sales price of a foreclosure home was $145,000, or 24% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$145,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $138,100 (Median Foreclosure Sales Price) $132,223 (Median Foreclosure Sales Price) $191,000 (Median Sales Price) $188,000 (Median Sales Price) $182,377 (Median Sales Price) $183,000 (Median Sales Price) $185,000 (Median Sales Price) $178,000 (Median 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) $138,100 (Median Foreclosure Sales Price) $132,223 (Median Foreclosure Sales Price) $191,000 (Median Sales Price) $188,000 (Median Sales Price) $182,377 (Median Sales Price) $183,000 (Median Sales Price) $185,000 (Median Sales Price) $178,000 (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
1,026
191.5
% (y-o-y)
$188,000
11.9
% (y-o-y)
12.2%
10.5
% (y-o-y)
Scottsdale
850
257.1
% (y-o-y)
$389,500
11.3
% (y-o-y)
30.5%
2.3
% (y-o-y)
Chandler
634
272.9
% (y-o-y)
$249,950
8.2
% (y-o-y)
7.9%
18.2
% (y-o-y)
Glendale
462
140.6
% (y-o-y)
$189,950
8.5
% (y-o-y)
11.6%
17.4
% (y-o-y)
Peoria
368
162.9
% (y-o-y)
$225,000
0.1
% (y-o-y)
20.0%
26.6
% (y-o-y)
Sun City
266
264.4
% (y-o-y)
$135,000
6.3
% (y-o-y)
11.0%
26.8
% (y-o-y)
Tempe
238
230.6
% (y-o-y)
$239,700
9.2
% (y-o-y)
19.9%
19.8
% (y-o-y)
Avondale
216
184.2
% (y-o-y)
$210,000
9.7
% (y-o-y)
20.5%
13.3
% (y-o-y)
Goodyear
132
180.9
% (y-o-y)
$215,000
7.0
% (y-o-y)
25.0%
11.9
% (y-o-y)
Laveen
75
158.6
% (y-o-y)
$185,000
8.8
% (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: 4.80%
Percentage of vacant homes: 13.07%

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