Phoenix Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $250,000
    0% ( $0 ) vs Nov 2015
  • Median Sales Price
    $182,700
    6% ( $12,300 ) vs Nov 2015
  • Median Foreclosure Sales Price
    $159,650
    6% ( $9,650 ) vs Nov 2015
  • Foreclosures 4,573
    Homes for Sale 3,616
    Recently Sold 5,466

Market Summary

There are currently 4,573 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 3,616.

In December, the number of properties that received a foreclosure filing in Phoenix, AZ was 26% lower than the previous month and 25% lower than the same time last year.

Home sales for November 2016 were down 12% compared with the previous month, and down 17% compared with a year ago. The median sales price of a non-distressed home was $182,700. The median sales price of a foreclosure home was $159,650, or 13% lower than non-distressed home sales.

Sales Prices - Phoenix, AZ




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$159,650 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $152,500 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $182,700 (Median Sales Price) $195,000 (Median Sales Price) $195,000 (Median Sales Price) $192,571 (Median Sales Price) $187,000 (Median Sales Price) $191,500 (Median 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) $150,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $182,700 (Median Sales Price) $195,000 (Median Sales Price) $195,000 (Median Sales Price) $192,571 (Median Sales Price) $187,000 (Median Sales Price) $191,500 (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
255
41.6
% (y-o-y)
$204,800
9.2
% (y-o-y)
20.1%
17.9
% (y-o-y)
Glendale
150
16.2
% (y-o-y)
$193,750
7.3
% (y-o-y)
14.6%
19.6
% (y-o-y)
Scottsdale
133
45.7
% (y-o-y)
$375,250
9.0
% (y-o-y)
4.5%
16.3
% (y-o-y)
Chandler
109
31.9
% (y-o-y)
$240,000
9.1
% (y-o-y)
7.1%
7.9
% (y-o-y)
Peoria
80
34.4
% (y-o-y)
$229,000
7.3
% (y-o-y)
19.2%
25.4
% (y-o-y)
Avondale
54
12.9
% (y-o-y)
$199,900
4.8
% (y-o-y)
1.0%
17.6
% (y-o-y)
Tempe
40
47.4
% (y-o-y)
$249,950
11.1
% (y-o-y)
17.9%
22.2
% (y-o-y)
Goodyear
37
2.6
% (y-o-y)
$205,000
2.4
% (y-o-y)
Data not available
El Mirage
33
2.9
% (y-o-y)
$162,500
16.7
% (y-o-y)
12.0%
4.8
% (y-o-y)
Laveen
24
9.1
% (y-o-y)
$204,900
12.6
% (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: 5.60%
Percentage of vacant homes: 13.07%

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