Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $235,000
    3% ( $6,000 ) vs Feb 2015
  • Median Sales Price
    $182,377
    0% ( $624 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $140,000
    0% ( $0 ) vs Feb 2015
  • Foreclosures 5,110
    Homes for Sale 5,348
    Recently Sold 16,357

Market Summary

There are currently 5,110 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 5,348.

In March, the number of properties that received a foreclosure filing in Phoenix, AZ was 19% higher than the previous month and 105% higher than the same time last year.

Home sales for February 2016 were up 65% compared with the previous month, and up 17% compared with a year ago. The median sales price of a non-distressed home was $182,377. The median sales price of a foreclosure home was $140,000, or 23% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$140,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $138,100 (Median Foreclosure Sales Price) $132,223 (Median Foreclosure Sales Price) $132,050 (Median Foreclosure Sales Price) $131,500 (Median Foreclosure Sales Price) $182,377 (Median Sales Price) $183,000 (Median Sales Price) $185,000 (Median Sales Price) $178,000 (Median Sales Price) $150,000 (Median Sales Price) $180,000 (Median 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) $132,050 (Median Foreclosure Sales Price) $131,500 (Median Foreclosure Sales Price) $182,377 (Median Sales Price) $183,000 (Median Sales Price) $185,000 (Median Sales Price) $178,000 (Median Sales Price) $150,000 (Median Sales Price) $180,000 (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
781
19.8
% (y-o-y)
$185,000
10.1
% (y-o-y)
14.6%
11.9
% (y-o-y)
Scottsdale
595
13.5
% (y-o-y)
$373,000
4.5
% (y-o-y)
12.9%
13.1
% (y-o-y)
Chandler
409
15.5
% (y-o-y)
$249,800
9.8
% (y-o-y)
13.4%
21.0
% (y-o-y)
Glendale
317
41.0
% (y-o-y)
$180,000
5.9
% (y-o-y)
14.4%
21.5
% (y-o-y)
Peoria
243
10.0
% (y-o-y)
$217,500
2.6
% (y-o-y)
16.1%
24.1
% (y-o-y)
Sun City
186
17.0
% (y-o-y)
$127,250
3.7
% (y-o-y)
6.5%
21.9
% (y-o-y)
Tempe
173
21.8
% (y-o-y)
$229,950
7.5
% (y-o-y)
21.7%
14.5
% (y-o-y)
Avondale
121
0.0
% (y-o-y)
$200,000
8.1
% (y-o-y)
21.0%
16.8
% (y-o-y)
Goodyear
77
16.7
% (y-o-y)
$197,750
1.2
% (y-o-y)
9.5%
13.8
% (y-o-y)
Laveen
59
0.0
% (y-o-y)
$185,900
10.6
% (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: 4.60%
Percentage of vacant homes: 13.07%

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