Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $239,900
    2% ( $5,100 ) vs Jul 2015
  • Median Sales Price
    $187,000
    2% ( $4,500 ) vs Jul 2015
  • Median Foreclosure Sales Price
    $150,500
    0% ( $500 ) vs Jul 2015
  • Foreclosures 5,204
    Homes for Sale 5,055
    Recently Sold 13,475

Market Summary

There are currently 5,204 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 5,055.

In August, the number of properties that received a foreclosure filing in Phoenix, AZ was 13% lower than the previous month and 33% lower than the same time last year.

Home sales for July 2016 were down 18% compared with the previous month, and up 223% compared with a year ago. The median sales price of a non-distressed home was $187,000. The median sales price of a foreclosure home was $150,500, or 20% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




Add this chart to your website.

$150,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $149,367 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $187,000 (Median Sales Price) $191,500 (Median Sales Price) $196,000 (Median Sales Price) $191,000 (Median Sales Price) $188,000 (Median Sales Price) $182,377 (Median Sales Price) $150,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $149,367 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $187,000 (Median Sales Price) $191,500 (Median Sales Price) $196,000 (Median Sales Price) $191,000 (Median Sales Price) $188,000 (Median Sales Price) $182,377 (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
287
42.8
% (y-o-y)
$208,000
11.8
% (y-o-y)
24.5%
15.3
% (y-o-y)
Glendale
201
81.1
% (y-o-y)
$196,750
6.4
% (y-o-y)
15.7%
20.8
% (y-o-y)
Scottsdale
166
5.1
% (y-o-y)
$380,000
3.8
% (y-o-y)
Data not available
Chandler
151
39.8
% (y-o-y)
$255,000
1.0
% (y-o-y)
11.8%
16.9
% (y-o-y)
Peoria
144
114.9
% (y-o-y)
$238,000
6.3
% (y-o-y)
21.6%
22.9
% (y-o-y)
Avondale
85
80.9
% (y-o-y)
$199,000
2.6
% (y-o-y)
6.5%
12.4
% (y-o-y)
Goodyear
59
126.9
% (y-o-y)
$215,000
1.4
% (y-o-y)
10.1%
15.6
% (y-o-y)
Tempe
59
28.3
% (y-o-y)
$234,000
5.9
% (y-o-y)
8.1%
22.3
% (y-o-y)
Laveen
50
150.0
% (y-o-y)
$198,000
11.5
% (y-o-y)
8.7%
4.9
% (y-o-y)
El Mirage
47
176.5
% (y-o-y)
$153,000
9.3
% (y-o-y)
5.6%
7.1
% (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: 5.60%
Percentage of vacant homes: 13.07%

Get FREE, unrestricted access for 7 days!
Enjoy FREE access and get:
Exclusive insight into the largest and most
up-to-date database
of foreclosures
Up to 50% savings on foreclosures
The inside scoop on foreclosure deals before
anyone else
Detailed and accurate property information
Online training videos on how to get the best
deals
(and avoid costly mistakes)