Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $189,900
    4% ( $7,000 ) vs Feb 2013
  • Median Sales Price
    $158,000
    0% ( $400 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $114,950
    2% ( $2,450 ) vs Feb 2013
  • Foreclosures 7,955
    Homes for Sale 5,854
    Recently Sold 19,921

Market Summary

There are currently 7,955 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 5,854.

In March, the number of properties that received a foreclosure filing in Phoenix, AZ was 8% higher than the previous month and 51% lower than the same time last year.

Home sales for February 2014 were up 34% compared with the previous month, and up 10% compared with a year ago. The median sales price of a non-distressed home was $158,000. The median sales price of a foreclosure home was $114,950, or 27% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$114,950 (Median Foreclosure Sales Price) $112,500 (Median Foreclosure Sales Price) $117,500 (Median Foreclosure Sales Price) $117,550 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $122,500 (Median Foreclosure Sales Price) $158,000 (Median Sales Price) $157,600 (Median Sales Price) $157,000 (Median Sales Price) $157,000 (Median Sales Price) $160,000 (Median Sales Price) $162,000 (Median Sales Price) $114,950 (Median Foreclosure Sales Price) $112,500 (Median Foreclosure Sales Price) $117,500 (Median Foreclosure Sales Price) $117,550 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $122,500 (Median Foreclosure Sales Price) $158,000 (Median Sales Price) $157,600 (Median Sales Price) $157,000 (Median Sales Price) $157,000 (Median Sales Price) $160,000 (Median Sales Price) $162,000 (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
818
0.5
% (y-o-y)
$160,000
13.7
% (y-o-y)
5.2%
10.7
% (y-o-y)
Scottsdale
573
17.6
% (y-o-y)
$362,000
4.6
% (y-o-y)
7.5%
16.8
% (y-o-y)
Chandler
418
4.8
% (y-o-y)
$230,000
15.0
% (y-o-y)
22.6%
19.9
% (y-o-y)
Tempe
408
89.8
% (y-o-y)
$200,000
17.6
% (y-o-y)
12.5%
13.5
% (y-o-y)
Glendale
363
15.6
% (y-o-y)
$160,500
14.6
% (y-o-y)
15.9%
14.3
% (y-o-y)
Peoria
247
15.1
% (y-o-y)
$201,000
16.2
% (y-o-y)
18.9%
14.5
% (y-o-y)
Sun City
209
27.4
% (y-o-y)
$116,500
24.6
% (y-o-y)
33.0%
3.5
% (y-o-y)
Avondale
131
16.0
% (y-o-y)
$173,000
19.3
% (y-o-y)
13.3%
10.3
% (y-o-y)
Goodyear
81
8.0
% (y-o-y)
$190,950
11.0
% (y-o-y)
28.8%
11.0
% (y-o-y)
Laveen
60
18.9
% (y-o-y)
$174,500
20.3
% (y-o-y)
12.0%
3.6
% (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: 6.20%
Percentage of vacant homes: 13.07%