Bank Home Foreclosures and Short Sales in Phoenix Arizona

This page was last updated on August 8th, 2014 for Bank Home Foreclosures and Short Sales in Metro Phoenix for July 2014.

We report on the 6-10th day of each month to give the MLS sales numbers a chance to “settle.”  There are usually quite a few adjustments at the beginning of each month because of Realtors who initially report erroneous information. NOTE: These numbers reflect only foreclosures sales and do NOT reflect the total sales. Click on the below link that says “2. Phoenix Homes Sales” to see all home sales. Be sure not to miss:

  1. Price per square foot in Phoenix
  2. Phoenix Homes Sales
  3. Phoenix MLS Report on active listings
  4. Phoenix Real Estate FAQ
  5. Phoenix Home Prices Year Over Year

Key:

  • “Foreclosure Sales” means only bank owned properties and short sales (not normal sales).
  • “REO Sales” are only bank owned home sales.
  • “REO Sale %” shows bank owned sales expressed as a percentage of total foreclosure sales.
  • “Short Sales” are those in which the bank accepted less than the mortgage amount.
  • “Short Sale %” shows short sales expressed as a percentage of total foreclosure sales.
  • “Cancelled Short Sales” shows the number of short sales that were cancelled during the month, usually because the mortgage holder would not accept the proposed sales price. These properties usually become REO property.
  • “Short Sale Success” = short sales / (short sales + cancelled short sales). This is a ratio of  short sales that successfully close escrow.

MOBILE USERS: Our tables are best viewed in the landscape mode. If necessary switch to “Desktop” mode (bottom of page).

Foreclosure Sales — Arizona Regional Multiple Listing Service
Date Foreclosure Sales REO Sales REO Sale % Short Sales Short sale % Cancelled Short Sales Short Sale Success
Jul-14 618 383 62.0% 235 38.0% 162 59.2%
Jun-14 727 469 64.5% 258 35.5% 167 60.7%
May-14 791 522 66.0% 269 34.0% 232 53.7%
Apr-14 786 492 62.6% 294 37.4% 194 60.2%
Mar-14 767 482 62.8% 285 37.2% 215 57.0%
Feb-14 758 476 62.8% 282 37.2% 192 59.5%
Jan-14 796 478 60.1% 318 39.9% 229 58.1%
Dec-13 1,001 512 51.1% 489 48.9% 244 66.7%
Nov-13 802 415 51.7% 387 48.3% 244 61.3%
Oct-13 976 485 49.7% 491 50.3% 303 61.8%
Sep-13 1,059 520 49.1% 539 50.9% 243 68.9%
Aug-13 1,473 760 51.6% 713 48.4% 304 70.1%
Jul-13 1,394 642 46.1% 752 53.9% 292 72.0%
Jun-13 1,700 722 42.5% 978 57.5% 303 76.3%
May-13 2,060 941 45.7% 1,119 54.3% 287 79.6%
Apr-13 2,117 1017 48.0% 1,100 52.0% 361 75.3%
Mar-13 2,133 952 44.6% 1,181 55.4% 355 76.9%
Feb-13 2,003 1015 50.7% 988 49.3% 376 72.4%
Jan-13 1,986 977 49.2% 1,009 50.8% 531 65.5%
Dec-12 2,648 908 34.3% 1,740 65.7% 501 77.6%
Nov-12 2,469 921 37.3% 1,548 62.7% 662 70.0%
Oct-12 2,787 930 33.4% 1,857 66.6% 674 73.4%
Sep-12 2,556 848 33.2% 1,708 66.8% 660 72.1%
Aug-12 3,275 1,092 33.3% 2,183 66.7% 741 74.7%
Jul-12 3,155 1,073 34.0% 2,082 66.0% 623 77.0%
Jun-12 3,715 1,313 35.3% 2,402 64.7% 507 82.6%
May-12 3,644 1,482 40.7% 2,162 59.3% 605 78.1%
Apr-12 3,716 1,614 43.4% 2,102 56.6% 580 78.4%
Mar-12 4,134 1,937 46.9% 2,197 53.1% 667 76.7%
Feb-12 3,759 1,728 46.0% 2,031 54.0% 631 76.3%
Jan-12 3,736 1,847 49.4% 1,889 50.6% 735 72.0%
Dec-11 4,620 2,210 47.8% 2,410 52.2% 801 75.1%
Nov-11 4,281 2,214 51.7% 2,067 48.3% 849 70.9%
Oct-11 4,894 2,762 56.4% 2,132 43.6% 784 73.1%
Sep-11 5,189 3,088 59.5% 2,101 40.5% 862 70.9%
Aug-11 5,916 3,740 63.2% 2,176 36.8% 1,039 67.7%
Jul-11 5,734 3,822 66.7% 1,912 33.3% 1,032 64.9%
Jun-11 7,318 4,605 62.9% 2,713 37.1% 1,233 68.8%
May-11 6,489 4,408 67.9% 2,081 32.1% 1,393 59.9%
Apr-11 6,111 4,326 70.8% 1,785 29.2% 1,553 53.5%
Mar-11 6,548 4,665 71.2% 1,883 28.8% 1,989 48.6%
Feb-11 4,877 3,388 69.5% 1,489 30.5% 1,478 50.2%
Jan-11 4,610 3,141 68.1% 1,469 31.9% 1,853 44.2%
Dec-10 5,781 4,160 72.0% 1,621 28.0% 1,463 52.6%
Nov-10 4,320 3,018 69.9% 1,302 30.1% 1,472 46.9%
Oct-10 4,342 2,990 68.9% 1,352 31.1% 1,730 43.9%
Sep-10 4,534 2,999 66.1% 1,535 33.9% 1,999 43.4%
Aug-10 4,713 2,751 58.4% 1,962 41.6% 2,002 49.5%
Jul-10 4,377 2,729 62.3% 1,648 37.7% 1,895 46.5%
Jun-10 5,546 3,381 61.0% 2,165 39.0% 1,821 54.3%
May-10 5,332 3,437 64.5% 1,895 35.5% 1,515 55.6%
Apr-10 5,481 3,550 64.8% 1,931 35.2% 1,282 60.1%
Mar-10 5,282 3,586 67.9% 1,696 32.1% 1,519 52.8%
Feb-10 4,150 2,712 65.3% 1,438 34.7% 1,167 55.2%
Jan-10 3,777 2,485 65.8% 1,292 34.2% 1,226 51.3%
Dec-09 5,034 3,302 65.6% 1,732 34.4% 982 63.8%
Nov-09 4,568 3,071 67.2% 1,497 32.8% 957 61.0%
Oct-09 5,174 3,621 70.0% 1,553 30.0% 1,087 58.8%
Sep-09 5,320 3,810 71.6% 1,510 28.4% 1,020 59.7%
Aug-09 5,473 4,071 74.4% 1,402 25.6% 1,050 57.2%
Jul-09 6,289 4,854 77.2% 1,435 22.8% 1,072 57.2%
Jun-09 6,608 5,343 80.9% 1,265 19.1% 1,154 52.3%
May-09 6,896 5,862 85.0% 1,034 15.0% 1,118 48.0%
Apr-09 6,402 5,575 87.1% 827 12.9% 1,141 42.0%
Mar-09 5,783 5,051 87.3% 732 12.7% 1,221 37.5%
Feb-09 4,096 3,599 87.9% 497 12.1% 1,236 28.7%
Jan-09 3,540 3,112 87.9% 428 12.1% 1,143 27.2%
Dec-08 3,431 3,002 87.5% 429 12.5%
Nov-08 2,288 1,957 85.5% 331 14.5%
Oct-08 2,706 2,496 92.2% 210 7.8%
Sep-08 2,908 2,793 96.0% 115 4.0%
Aug-08 2,754 2,659 96.6% 95 3.4%
Jul-08 2,557 2,477 96.9% 80 3.1%
Jun-08 2,174 2,100 96.6% 74 3.4%
May-08 1,888 1,823 96.6% 65 3.4%
Apr-08 1,423 1,369 96.2% 54 3.8%
Mar-08 1,146 1,115 97.3% 31 2.7%
Feb-08 821 803 97.8% 18 2.2%
Jan-08 557 551 98.9% 6 1.1%