Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $214,900
    2% ( $5,000 ) vs Nov 2013
  • Median Sales Price
    $172,825
    1% ( $2,175 ) vs Nov 2013
  • Median Foreclosure Sales Price
    $114,000
    5% ( $6,000 ) vs Nov 2013
  • Foreclosures 6,706
    Homes for Sale 5,220
    Recently Sold 15,521

Market Summary

There are currently 6,706 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 5,220.

In December, the number of properties that received a foreclosure filing in Phoenix, AZ was 7% lower than the previous month and 43% lower than the same time last year.

Home sales for November 2014 were down 34% compared with the previous month, and down 34% compared with a year ago. The median sales price of a non-distressed home was $172,825. The median sales price of a foreclosure home was $114,000, or 34% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$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) $122,000 (Median Foreclosure 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) $165,000 (Median 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) $122,000 (Median Foreclosure 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) $165,000 (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
714
16.0
% (y-o-y)
$171,500
5.9
% (y-o-y)
12.8%
6.7
% (y-o-y)
Scottsdale
460
22.9
% (y-o-y)
$343,500
6.9
% (y-o-y)
7.6%
21.3
% (y-o-y)
Glendale
335
31.1
% (y-o-y)
$164,750
0.2
% (y-o-y)
15.1%
15.2
% (y-o-y)
Chandler
288
34.5
% (y-o-y)
$230,000
1.8
% (y-o-y)
17.2%
14.8
% (y-o-y)
Peoria
196
38.4
% (y-o-y)
$206,000
4.2
% (y-o-y)
12.6%
23.4
% (y-o-y)
Tempe
154
21.8
% (y-o-y)
$212,500
7.3
% (y-o-y)
15.1%
14.2
% (y-o-y)
Avondale
147
30.0
% (y-o-y)
$178,500
7.6
% (y-o-y)
20.4%
5.4
% (y-o-y)
Sun City
136
8.1
% (y-o-y)
$122,000
6.4
% (y-o-y)
32.8%
27.7
% (y-o-y)
Goodyear
77
24.5
% (y-o-y)
$197,250
8.3
% (y-o-y)
16.1%
12.7
% (y-o-y)
El Mirage
52
38.8
% (y-o-y)
$130,000
4.0
% (y-o-y)
8.3%
0.2
% (y-o-y)

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%