Thu Dec 08 2022
This week the median list price for Laveen, AZ is $425,000 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has held steady at or around 1.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$425,000|
|Median Price of New Listings||$0|
|Per Square Foot||$267|
|Average Days on Market||168|
|Median Days on Market||168|
|Slight Buyer's Advantage|
Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$425,000||1,589||0 - 4,500 sqft||4||3||17||0||0||168|