Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $210,000
    2% ( $3,800 ) vs Jun 2013
  • Median Sales Price
    $165,000
    1% ( $1,000 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $122,000
    2% ( $2,000 ) vs Jun 2013
  • Foreclosures 7,447
    Homes for Sale 5,406
    Recently Sold 19,464

Market Summary

There are currently 7,447 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 5,406.

In July, the number of properties that received a foreclosure filing in Phoenix, AZ was 19% higher than the previous month and 29% lower than the same time last year.

Home sales for June 2014 were down 4% compared with the previous month, and down 1% compared with a year ago. The median sales price of a non-distressed home was $165,000. The median sales price of a foreclosure home was $122,000, or 26% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$122,000 (Median Foreclosure Sales Price) $124,000 (Median Foreclosure Sales Price) $121,000 (Median Foreclosure Sales Price) $117,000 (Median Foreclosure Sales Price) $114,950 (Median Foreclosure Sales Price) $112,500 (Median Foreclosure Sales Price) $165,000 (Median Sales Price) $166,000 (Median Sales Price) $163,500 (Median Sales Price) $159,250 (Median Sales Price) $158,000 (Median Sales Price) $157,750 (Median Sales Price) $122,000 (Median Foreclosure Sales Price) $124,000 (Median Foreclosure Sales Price) $121,000 (Median Foreclosure Sales Price) $117,000 (Median Foreclosure Sales Price) $114,950 (Median Foreclosure Sales Price) $112,500 (Median Foreclosure Sales Price) $165,000 (Median Sales Price) $166,000 (Median Sales Price) $163,500 (Median Sales Price) $159,250 (Median Sales Price) $158,000 (Median Sales Price) $157,750 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Mesa
958
4.2
% (y-o-y)
$169,900
6.2
% (y-o-y)
16.6%
9.4
% (y-o-y)
Scottsdale
834
12.0
% (y-o-y)
$394,250
3.8
% (y-o-y)
27.9%
25.0
% (y-o-y)
Glendale
515
7.9
% (y-o-y)
$165,000
8.6
% (y-o-y)
17.6%
12.6
% (y-o-y)
Chandler
371
41.7
% (y-o-y)
$235,000
4.4
% (y-o-y)
21.3%
19.2
% (y-o-y)
Peoria
310
15.5
% (y-o-y)
$215,000
13.2
% (y-o-y)
27.9%
13.2
% (y-o-y)
Avondale
238
26.6
% (y-o-y)
$172,250
0.1
% (y-o-y)
9.8%
18.3
% (y-o-y)
Tempe
207
17.5
% (y-o-y)
$205,500
3.8
% (y-o-y)
17.2%
20.0
% (y-o-y)
Sun City
153
28.8
% (y-o-y)
$115,000
9.3
% (y-o-y)
19.6%
29.7
% (y-o-y)
Tolleson
136
36.0
% (y-o-y)
$149,000
6.4
% (y-o-y)
8.1%
7.1
% (y-o-y)
Goodyear
100
27.0
% (y-o-y)
$187,500
7.0
% (y-o-y)
13.9%
11.0
% (y-o-y)

Local Info For Phoenix

Population:
1,450,206
Cost of Living Index: 113.52
Crime Index: 167.10     Rating: C View crime details
Schools: 360    Average School Rating: C+ View individual school rating
Household Median Income: $48,823
Unemployment: 6.60%
Percentage of vacant homes: 13.07%