Old Republic Title's Market Report

Tolleson, AZ

Single-Family Homes



Tolleson, AZ

Fri Mar 15 2024
This week the median list price for Tolleson, AZ is $448,000 with the market action index hovering around 49. This is an increase over last month's market action index of 45. Inventory has decreased to 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

Fri Mar 15 2024
This week the median list price for Tolleson, AZ is $448,000 with the market action index hovering around 49. This is an increase over last month's market action index of 45. Inventory has decreased to 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 $448,000
Median Price of New Listings $455,000
Per Square Foot $219
Average Days on Market 60
Median Days on Market 32
Price Decreased 52%
Price Increased 9%
Relisted 4%
Inventory 46
Median Rent
Market Action 49
Strong Seller's Market

The market is 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
$539,900 3,000 6,500 - 8,000 sqft 4 3 4 1 0 49
$474,500 2,274 4,500 - 6,500 sqft 4 3 3 3 1 35
$427,450 1,985 4,500 - 6,500 sqft 4 2 9 1 2 24
$377,450 1,544 4,500 - 6,500 sqft 3 2 18 2 4 31