Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $200,000
    7% ( $14,900 ) vs Dec 2013
  • Median Sales Price
    $170,000
    2% ( $2,825 ) vs Dec 2013
  • Median Foreclosure Sales Price
    $120,000
    5% ( $6,000 ) vs Dec 2013
  • Foreclosures 5,987
    Homes for Sale 5,363
    Recently Sold 13,177

Market Summary

There are currently 5,987 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 5,363.

In January, the number of properties that received a foreclosure filing in Phoenix, AZ was 92% higher than the previous month and 44% higher than the same time last year.

Home sales for December 2014 were down 100% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home was $170,000. The median sales price of a foreclosure home was $120,000, or 29% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




Add this chart to your website.

$120,000 (Median Foreclosure Sales Price) $114,000 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $123,500 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $123,000 (Median Foreclosure Sales Price) $170,000 (Median Sales Price) $172,825 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $170,000 (Median Sales Price) $166,000 (Median Sales Price) $120,000 (Median Foreclosure Sales Price) $114,000 (Median Foreclosure Sales Price) $120,000 (Median Foreclosure Sales Price) $123,500 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $123,000 (Median Foreclosure Sales Price) $170,000 (Median Sales Price) $172,825 (Median Sales Price) $175,000 (Median Sales Price) $175,000 (Median Sales Price) $170,000 (Median Sales Price) $166,000 (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
70
92.1
% (y-o-y)
$170,000
4.9
% (y-o-y)
11.8%
2.6
% (y-o-y)
Glendale
54
89.6
% (y-o-y)
$162,000
1.8
% (y-o-y)
16.7%
19.8
% (y-o-y)
Scottsdale
44
93.3
% (y-o-y)
$355,000
2.7
% (y-o-y)
7.0%
8.8
% (y-o-y)
Chandler
43
90.3
% (y-o-y)
$237,750
5.1
% (y-o-y)
23.2%
17.1
% (y-o-y)
Peoria
28
90.0
% (y-o-y)
$211,250
0.8
% (y-o-y)
25.0%
22.8
% (y-o-y)
Avondale
26
81.4
% (y-o-y)
$179,990
8.6
% (y-o-y)
17.4%
2.0
% (y-o-y)
Laveen
14
79.4
% (y-o-y)
$175,000
1.7
% (y-o-y)
10.6%
7.6
% (y-o-y)
Tempe
14
93.4
% (y-o-y)
$212,750
9.1
% (y-o-y)
13.0%
11.0
% (y-o-y)
Goodyear
13
86.3
% (y-o-y)
$200,000
12.0
% (y-o-y)
12.5%
9.8
% (y-o-y)
El Mirage
12
69.2
% (y-o-y)
$132,000
6.7
% (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: 6.00%
Percentage of vacant homes: 13.07%