This pie chart shows that 45% of homes for sale in the Phoenix Metro Area are distressed!
This does not factor in homes that are not put on the MLS and go into foreclosure. Therefore, the number of homes that are distressed in Phoenix Arizona is a lot higher than what I can quantify. FYI: Here are the actual numbers:
- 28,372 Traditional For Sale
- 11,412 Short Sales
- 11,798 Bank Owned
