Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $215,000
    15% ( $37,500 ) vs Jan 2016
  • Median Sales Price
    $185,000
    0% ( $500 ) vs Jan 2016
  • Median Foreclosure Sales Price
    $161,000
    0% ( $0 ) vs Jan 2016
  • Foreclosures 3,807
    Homes for Sale 4,081
    Recently Sold 5,254

Market Summary

There are currently 3,807 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 4,081.

In February, the number of properties that received a foreclosure filing in Phoenix, AZ was 28% lower than the previous month and 32% lower than the same time last year.

Home sales for January 2017 were down 12% compared with the previous month, and down 45% compared with a year ago. The median sales price of a non-distressed home was $185,000. The median sales price of a foreclosure home was $161,000, or 13% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$161,000 (Median Foreclosure Sales Price) $161,000 (Median Foreclosure Sales Price) $159,650 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $152,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $185,000 (Median Sales Price) $184,500 (Median Sales Price) $182,700 (Median Sales Price) $195,000 (Median Sales Price) $195,000 (Median Sales Price) $192,571 (Median Sales Price) $161,000 (Median Foreclosure Sales Price) $161,000 (Median Foreclosure Sales Price) $159,650 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $152,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $185,000 (Median Sales Price) $184,500 (Median Sales Price) $182,700 (Median Sales Price) $195,000 (Median Sales Price) $195,000 (Median Sales Price) $192,571 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac's parent company, ATTOM Data Solutions, 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
219
51.3
% (y-o-y)
$208,000
10.9
% (y-o-y)
15.0%
15.2
% (y-o-y)
Scottsdale
127
64.0
% (y-o-y)
$375,000
0.0
% (y-o-y)
18.8%
6.7
% (y-o-y)
Glendale
124
48.3
% (y-o-y)
$188,000
4.2
% (y-o-y)
13.2%
16.8
% (y-o-y)
Chandler
86
65.6
% (y-o-y)
$240,000
0.9
% (y-o-y)
Data not available
Peoria
73
52.3
% (y-o-y)
$225,000
3.9
% (y-o-y)
Data not available
Avondale
54
45.5
% (y-o-y)
$204,000
1.7
% (y-o-y)
2.5%
17.7
% (y-o-y)
Tempe
38
71.2
% (y-o-y)
$239,750
4.3
% (y-o-y)
17.2%
21.7
% (y-o-y)
El Mirage
32
14.3
% (y-o-y)
$164,900
14.4
% (y-o-y)
10.4%
7.8
% (y-o-y)
Goodyear
32
39.6
% (y-o-y)
$205,000
1.0
% (y-o-y)
8.7%
7.0
% (y-o-y)
Laveen
25
28.6
% (y-o-y)
$207,500
14.6
% (y-o-y)
Data not available

Local Info For Phoenix

Population:
1,450,206
Cost of Living Index: 113.52
Crime Index: 160.40     Rating: C View crime details
Schools: 360    Average School Rating: C+ View individual school rating
Household Median Income: $48,823
Unemployment: 4.20%
Percentage of vacant homes: 13.07%

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