Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $220,000
    7% ( $14,000 ) vs Mar 2014
  • Median Sales Price
    $175,000
    1% ( $1,000 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $125,000
    2% ( $3,000 ) vs Mar 2014
  • Foreclosures 5,179
    Homes for Sale 4,911
    Recently Sold 9,145

Market Summary

There are currently 5,179 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 4,911.

In April, the number of properties that received a foreclosure filing in Phoenix, AZ was 77% higher than the previous month and 12% lower than the same time last year.

Home sales for March 2015 were down 68% compared with the previous month, and down 80% compared with a year ago. The median sales price of a non-distressed home was $175,000. The median sales price of a foreclosure home was $125,000, or 29% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




Add this chart to your website.

$125,000 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $114,450 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $174,000 (Median Sales Price) $169,000 (Median Sales Price) $170,000 (Median Sales Price) $170,000 (Median Sales Price) $175,000 (Median Sales Price) $125,000 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $114,450 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $174,000 (Median Sales Price) $169,000 (Median Sales Price) $170,000 (Median Sales Price) $170,000 (Median Sales Price) $175,000 (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
259
71.6
% (y-o-y)
$166,750
3.6
% (y-o-y)
13.0%
8.3
% (y-o-y)
Scottsdale
180
74.6
% (y-o-y)
$354,900
4.5
% (y-o-y)
Data not available
Chandler
151
70.5
% (y-o-y)
$226,000
0.9
% (y-o-y)
22.1%
16.9
% (y-o-y)
Glendale
151
63.7
% (y-o-y)
$169,950
3.1
% (y-o-y)
19.3%
19.1
% (y-o-y)
Peoria
89
68.8
% (y-o-y)
$212,950
5.1
% (y-o-y)
23.1%
18.9
% (y-o-y)
Tempe
61
70.4
% (y-o-y)
$209,250
4.6
% (y-o-y)
14.0%
16.0
% (y-o-y)
Sun City
56
74.5
% (y-o-y)
$120,000
0.5
% (y-o-y)
21.9%
38.9
% (y-o-y)
Avondale
49
75.3
% (y-o-y)
$191,500
12.6
% (y-o-y)
20.1%
13.4
% (y-o-y)
Goodyear
31
75.6
% (y-o-y)
$206,000
5.1
% (y-o-y)
19.4%
18.4
% (y-o-y)
Laveen
21
65.6
% (y-o-y)
$163,000
6.6
% (y-o-y)
Data not available

Local Info For Phoenix

Population:
1,450,206
Cost of Living Index: 113.52
Crime Index: 167.22     Rating: C View crime details
Schools: 360    Average School Rating: C+ View individual school rating
Household Median Income: $48,823
Unemployment: 4.90%
Percentage of vacant homes: 13.07%