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Most distressed zip codes are based off of the Cromford Report’s unique “Distress Index” for each zip code in the Greater Phoenix area. The Distress Index is from 0-100, with anything above 40 considered highly distressed. Contact us at 480-331-2832 for the full report.

West Valley

Includes cities such as Avondale, Buckeye, Glendale, Peoria, Surprise, and others.

  • 85339 – Distress Index: 86.4 – (see homes)
  • 85335 – Distress Index: 84.6 – (see homes)
  • 85392 – Distress Index: 81.6 – (see homes)

Phoenix

Immediate Phoenix Metro area.

  • 85040 – Distress Index: 82.1 – (see homes)
  • 85037 – Distress Index: 82.0 – (see homes)
  • 85035 – Distress Index: 81.7 – (see homes)

Southeast Valley

Includes cities such as Chandler, Gilbert, Mesa, Tempe, and others.

  • 85224 – Distress Index: 77.3 – (see homes)
  • 85225 – Distress Index: 74.6 – (see homes)
  • 85204 – Distress Index: 74.5 – (see homes)

Northeast Valley

Includes cities such as Scottsdale, Paradise Valley, and Fountain Hills and others.

  • 85257 – Distress Index: 54.7 – (see homes)
  • 85254 – Distress Index: 51.0 – (see homes)
  • 85250 – Distress Index: 48.2 – (see homes)

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Legend Trail and McDowell Mountain Ranch are two gorgeous and affluent communities in the Northeast Valley city of Scottsdale. But as with much of the real estate market in the Phoenix Metro, distressed homes abound. Here are the latest numbers for both these communities and the zip codes they are located in.

McDowell Mountain Ranch Real Estate

Zip code 85255 distressed properties: 36
Zip code 85260 distressed properties: 30
McDowell Mountain Ranch Only: 19 (includes both short sales and bank owned foreclosures)
Click here to see homes

Legend Trail Real Estate

Zip code 85262 distressed properties: 17
Legend Trail Only: 3 (includes both short sales and bank owned foreclosures)
Click here to see homes

How does this compare with other zip codes in the Northeast Valley? If we use the Cromford Report’s “Market Distress Index” we see that both 85255 and 85262 are under the average MDI for the Northeast Valley. While 85260 is slightly over the average MDI.

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16 Distressed Zip Codes Valley Wide (Phoenix Metro)

November 1, 2011

85326 – See Homes (West Valley) Trustee Sales: 69 Notice of Foreclosure: 95 85041 – See Homes (Phoenix) Trustee Sales: 61 Notice of Foreclosure: 90 85379 – See Homes (West Valley) Trustee Sales: 56 Notice of Foreclosure: 70 85037 – See Homes (Phoenix) Trustee Sales: 49 Notice of Foreclosure: 93 85033 – See Homes (Phoenix) [...]

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Top 3 Distressed Zip Codes in the West Valley

October 3, 2011

85326 (see homes) Trustee Sales: 81 Notice of Foreclosure: 81 Average Price per Square Foot (Sales): $44 Median Price: $75,000 85353 (see homes) Trustee Sales: 62 Notice of Foreclosure: 76 Average Price per Square Foot (Sales): $44 Median Price: $84,000 85335 (see homes) Trustee Sales: 60 Notice of Foreclosure: 62 Average Price per Square Foot [...]

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Top 3 Distressed Zip Codes in Phoenix

September 26, 2011

85041 (see homes) Trustee Sales: 73 Notice of Foreclosure: 93 Average Price per Square Foot (Sales): $44 Median Price: $73,000 85037 (see homes) Trustee Sales: 63 Notice of Foreclosure: 126 Average Price per Square Foot (Sales): $41 Median Price: $65,000 85032 (see homes) Trustee Sales: 55 Notice of Foreclosure: 85 Average Price per Square Foot [...]

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Top 3 Distressed Zip Codes in the Southeast Valley

September 19, 2011

85207 (see homes) Trustee Sales: 45 Notice of Foreclosure: 45 Average Price per Square Foot (Sales): $103 Median Price: $115,000 85204 (see homes) Trustee Sales: 45 Notice of Foreclosure: 41 Average Price per Square Foot (Sales): $58 Median Price: $78,000 85225 (see homes) Trustee Sales: 43 Notice of Foreclosure: 68 Average Price per Square Foot [...]

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Top 3 Distressed Zip Codes in the Northeast Valley

September 12, 2011

85331 (see homes) Trustee Sales: 33 Notice of Foreclosure: 31 Average Price per Square Foot (Sales): $124 Median Price: $292,500 85254 (see homes) Trustee Sales: 29 Notice of Foreclosure: 43 Average Price per Square Foot (Sales): $131 Median Price: $275,000 85255 (see homes) Trustee Sales: 17 Notice of Foreclosure: 34 Average Price per Square Foot [...]

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HUD Foreclosure Prevention Program Extended

September 6, 2011

The federal government is extending their Emergency Homeowners Loan Program (EHLP) for unemployed and underemployed homeowners who are facing foreclosure. But the $1 billion initiative will expire in two weeks! The Benefits Up to $50,000 in interest-free grants or loans to help pay mortgage bills for up to 24 months Homeowners who take advantage don’t [...]

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Spring Foreclosure Statistics

August 30, 2011

Some recent statistics I reviewed are pretty telling of the current real estate market and provide some good comparisons of foreclosure and depressed home sales from Spring of last year to Spring of this year. Foreclosures accounted for about one-third (31%) of all home sales this spring.  Even though that’s a smaller share of sales [...]

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Home Builder Optimism

August 15, 2011

Upon a more optimistic outlook for sales, confidence is building among U.S. home builders.  The National Association of Homebuilders (NAHB) reports that builder confidence in the market for newly built, single-family homes rose two points to 15 in July.  Statistics show that the builders group’s index of sales expectations for the rest of 2011 increased [...]

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