Old Republic Title Market Report

Tolleson, AZ

Single-Family Homes

www.ortc.com | 602-631-3755


Tolleson, AZ

Tue May 26 2020
This week the median list price for Tolleson, AZ is $285,000 with the market action index hovering around 77. This is less than last month's market action index of 78. Inventory has held steady at or around 41. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Tolleson, AZ

Tue May 26 2020
This week the median list price for Tolleson, AZ is $285,000 with the market action index hovering around 77. This is less than last month's market action index of 78. Inventory has held steady at or around 41. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Tolleson market.
Median List Price $285,000
Per Square Foot $144
Days on Market 80
Price Decreased 20%
Price Increased 15%
Relisted 2%
Inventory 41
Median Rent $1,525
Most Expensive $650,000
Least Expensive $174,900
Market Action 77
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
$358,495 2,570 0 - 4,500 sqft 4 2 3 0 1 151
$297,384 2,144 0 - 4,500 sqft 4 2 4 2 1 24
$279,949 1,947 0 - 4,500 sqft 3 2 6 5 6 17
$243,290 1,522 0 - 4,500 sqft 3 2 14 2 4 122