Old Republic Title Market Report

Tolleson, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Tolleson, AZ

Mon Mar 01 2021
This week the median list price for Tolleson, AZ is $335,000 with the market action index hovering around 97. This is an increase over last month's market action index of 95. Inventory has held steady at or around 10. Click here to stay informed with the Tolleson market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Tolleson, AZ

Mon Mar 01 2021
This week the median list price for Tolleson, AZ is $335,000 with the market action index hovering around 97. This is an increase over last month's market action index of 95. Inventory has held steady at or around 10. Click here to stay informed with the Tolleson market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Tolleson market.
Median List Price $335,000
Per Square Foot $156
Days on Market 11
Price Decreased 10%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent $1,750
Most Expensive $539,000
Least Expensive $284,900
Market Action 97
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$532,000 2,118 0.5 - 1 acre 3 2 42 1 0 14
$405,000 2,878 4,500 - 6,500 sqft 4 2 16 0 4 24
$330,000 2,151 6,500 - 8,000 sqft 4 2 14 2 3 7
$289,900 1,800 4,500 - 6,500 sqft 3 2 11 2 3 7