Old Republic Title's Market Report

Tolleson, AZ

Single-Family Homes



Tolleson, AZ

Wed Jul 06 2022
This week the median list price for Tolleson, AZ is $474,900 with the market action index hovering around 75. This is less than last month's market action index of 85. Inventory has increased to 47. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Tolleson, AZ

Wed Jul 06 2022
This week the median list price for Tolleson, AZ is $474,900 with the market action index hovering around 75. This is less than last month's market action index of 85. Inventory has increased to 47. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Tolleson market.
Median List Price $474,900
Median Price of New Listings $489,500
Per Square Foot $212
Average Days on Market 26
Median Days on Market 21
Price Decreased 38%
Price Increased 6%
Relisted 4%
Inventory 47
Median Rent
Market Action 75
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
$535,000 2,719 6,500 - 8,000 sqft 4 3 17 3 3 28
$493,500 2,492 4,500 - 6,500 sqft 4 2.8 16 6 4 14
$452,000 2,166 4,500 - 6,500 sqft 4 2.5 17 2 2 28
$410,450 1,470 4,500 - 6,500 sqft 3 2 15 3 5 10