Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $225,000
    2% ( $5,000 ) vs Apr 2014
  • Median Sales Price
    $179,000
    2% ( $4,000 ) vs Apr 2014
  • Median Foreclosure Sales Price
    $128,355
    3% ( $3,355 ) vs Apr 2014
  • Foreclosures 4,906
    Homes for Sale 4,658
    Recently Sold 7,934

Market Summary

There are currently 4,906 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 4,658.

In May, the number of properties that received a foreclosure filing in Phoenix, AZ was 13% higher than the previous month and 3% lower than the same time last year.

Home sales for April 2015 were up 54% compared with the previous month, and down 64% compared with a year ago. The median sales price of a non-distressed home was $179,000. The median sales price of a foreclosure home was $128,355, or 28% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$128,355 (Median Foreclosure 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) $179,000 (Median 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) $128,355 (Median Foreclosure 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) $179,000 (Median 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)
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
352
64.8
% (y-o-y)
$168,000
2.1
% (y-o-y)
10.5%
10.2
% (y-o-y)
Scottsdale
238
69.6
% (y-o-y)
$350,000
9.1
% (y-o-y)
Data not available
Glendale
192
58.4
% (y-o-y)
$175,000
6.1
% (y-o-y)
17.4%
19.6
% (y-o-y)
Chandler
170
67.7
% (y-o-y)
$231,000
0.4
% (y-o-y)
18.2%
16.7
% (y-o-y)
Peoria
140
57.4
% (y-o-y)
$224,700
7.0
% (y-o-y)
26.6%
28.6
% (y-o-y)
Avondale
76
59.8
% (y-o-y)
$191,500
11.3
% (y-o-y)
13.3%
12.8
% (y-o-y)
Sun City
73
70.7
% (y-o-y)
$127,000
8.5
% (y-o-y)
26.8%
33.3
% (y-o-y)
Tempe
72
70.9
% (y-o-y)
$219,500
10.9
% (y-o-y)
19.8%
26.0
% (y-o-y)
Goodyear
47
67.6
% (y-o-y)
$201,000
5.8
% (y-o-y)
11.9%
10.5
% (y-o-y)
Tolleson
30
57.1
% (y-o-y)
$167,250
13.0
% (y-o-y)
12.9%
6.4
% (y-o-y)

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: 5.00%
Percentage of vacant homes: 13.07%