Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $229,900
    2% ( $4,900 ) vs Nov 2014
  • Median Sales Price
    $178,000
    19% ( $28,000 ) vs Nov 2014
  • Median Foreclosure Sales Price
    $132,223
    0% ( $173 ) vs Nov 2014
  • Foreclosures 5,269
    Homes for Sale 4,920
    Recently Sold 16,789

Market Summary

There are currently 5,269 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 4,920.

In December, the number of properties that received a foreclosure filing in Phoenix, AZ was 12% higher than the previous month and 5% higher than the same time last year.

Home sales for November 2015 were up 2000% compared with the previous month, and down 62% compared with a year ago. The median sales price of a non-distressed home was $178,000. The median sales price of a foreclosure home was $132,223, or 26% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$132,223 (Median Foreclosure Sales Price) $132,050 (Median Foreclosure Sales Price) $131,500 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $135,450 (Median Foreclosure Sales Price) $178,000 (Median Sales Price) $150,000 (Median Sales Price) $180,000 (Median Sales Price) $190,000 (Median Sales Price) $190,000 (Median Sales Price) $190,000 (Median Sales Price) $132,223 (Median Foreclosure Sales Price) $132,050 (Median Foreclosure Sales Price) $131,500 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $135,450 (Median Foreclosure Sales Price) $178,000 (Median Sales Price) $150,000 (Median Sales Price) $180,000 (Median Sales Price) $190,000 (Median Sales Price) $190,000 (Median Sales Price) $190,000 (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
437
46.5
% (y-o-y)
$187,500
9.3
% (y-o-y)
17.9%
13.0
% (y-o-y)
Scottsdale
245
54.1
% (y-o-y)
$412,495
19.6
% (y-o-y)
16.3%
8.0
% (y-o-y)
Glendale
179
53.1
% (y-o-y)
$180,500
9.6
% (y-o-y)
19.6%
15.1
% (y-o-y)
Chandler
160
53.2
% (y-o-y)
$219,900
4.4
% (y-o-y)
7.9%
17.2
% (y-o-y)
Peoria
122
46.5
% (y-o-y)
$213,450
4.1
% (y-o-y)
25.4%
12.2
% (y-o-y)
Sun City
94
41.6
% (y-o-y)
$125,000
2.9
% (y-o-y)
8.4%
32.5
% (y-o-y)
Tempe
76
58.2
% (y-o-y)
$225,000
7.0
% (y-o-y)
22.2%
14.1
% (y-o-y)
Avondale
62
61.7
% (y-o-y)
$210,000
17.3
% (y-o-y)
17.6%
20.4
% (y-o-y)
Goodyear
38
57.3
% (y-o-y)
$207,000
4.7
% (y-o-y)
11.6%
16.3
% (y-o-y)
El Mirage
34
40.4
% (y-o-y)
$139,200
7.1
% (y-o-y)
4.8%
8.3
% (y-o-y)

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: 5.40%
Percentage of vacant homes: 13.07%

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