Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $245,000
    4% ( $10,000 ) vs Mar 2015
  • Median Sales Price
    $188,000
    3% ( $5,624 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $140,000
    0% ( $0 ) vs Mar 2015
  • Foreclosures 5,097
    Homes for Sale 5,413
    Recently Sold 15,893

Market Summary

There are currently 5,097 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 5,413.

In April, the number of properties that received a foreclosure filing in Phoenix, AZ was 8% lower than the previous month and 6% higher than the same time last year.

Home sales for March 2016 were up 35% compared with the previous month, and up 392% compared with a year ago. The median sales price of a non-distressed home was $188,000. The median sales price of a foreclosure home was $140,000, or 26% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$140,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $138,100 (Median Foreclosure Sales Price) $132,223 (Median Foreclosure Sales Price) $132,050 (Median Foreclosure Sales Price) $188,000 (Median Sales Price) $182,377 (Median Sales Price) $183,000 (Median Sales Price) $185,000 (Median Sales Price) $178,000 (Median Sales Price) $150,000 (Median Sales Price) $140,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $140,000 (Median Foreclosure Sales Price) $138,100 (Median Foreclosure Sales Price) $132,223 (Median Foreclosure Sales Price) $132,050 (Median Foreclosure Sales Price) $188,000 (Median Sales Price) $182,377 (Median Sales Price) $183,000 (Median Sales Price) $185,000 (Median Sales Price) $178,000 (Median Sales Price) $150,000 (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
1,200
363.3
% (y-o-y)
$185,940
11.5
% (y-o-y)
15.3%
13.0
% (y-o-y)
Scottsdale
800
344.4
% (y-o-y)
$389,000
9.6
% (y-o-y)
16.5%
3.0
% (y-o-y)
Chandler
579
283.4
% (y-o-y)
$249,000
10.2
% (y-o-y)
7.6%
22.1
% (y-o-y)
Glendale
470
211.3
% (y-o-y)
$180,100
6.0
% (y-o-y)
10.3%
19.3
% (y-o-y)
Peoria
348
291.0
% (y-o-y)
$224,900
5.6
% (y-o-y)
18.9%
23.1
% (y-o-y)
Sun City
277
394.6
% (y-o-y)
$131,500
9.6
% (y-o-y)
15.1%
21.9
% (y-o-y)
Tempe
203
232.8
% (y-o-y)
$232,500
11.1
% (y-o-y)
19.3%
14.0
% (y-o-y)
Avondale
165
236.7
% (y-o-y)
$205,500
7.3
% (y-o-y)
20.4%
20.1
% (y-o-y)
Goodyear
111
258.1
% (y-o-y)
$208,200
1.1
% (y-o-y)
15.2%
19.4
% (y-o-y)
Cave Creek
81
440.0
% (y-o-y)
$395,000
2.6
% (y-o-y)
Data not available

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: 4.60%
Percentage of vacant homes: 13.07%

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