Old Republic Title Market Report

Tolleson, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Tolleson, AZ

Thu Jan 23 2020
This week the median list price for Tolleson, AZ is $272,747 with the market action index hovering around 60. This is an increase over last month's market action index of 55. Inventory has held steady at or around 46. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Tolleson, AZ

Thu Jan 23 2020
This week the median list price for Tolleson, AZ is $272,747 with the market action index hovering around 60. This is an increase over last month's market action index of 55. Inventory has held steady at or around 46. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Tolleson market.
Median List Price $272,747
Per Square Foot $126
Days on Market 72
Price Decreased 26%
Price Increased 17%
Relisted 2%
Inventory 46
Median Rent $1,495
Most Expensive $650,000
Least Expensive $220,000
Market Action 60
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$325,000 2,649 0 - 4,500 sqft 4 2 2 3 1 122
$286,000 2,443 0 - 4,500 sqft 4 3 13 4 3 42
$260,000 2,088 0 - 4,500 sqft 3 2 7 5 4 63
$237,995 1,601 0 - 4,500 sqft 3 2 16 5 6 60