Old Republic Title Market Report

Tolleson, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Tolleson, AZ

Tue May 18 2021
This week the median list price for Tolleson, AZ is $350,000 with the market action index hovering around 95. This is less than last month's market action index of 96. Inventory has increased to 19. 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 and prices have been relatively stable for a few 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, prices are likely to resume an upward climb.

Tolleson, AZ

Tue May 18 2021
This week the median list price for Tolleson, AZ is $350,000 with the market action index hovering around 95. This is less than last month's market action index of 96. Inventory has increased to 19. 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 and prices have been relatively stable for a few 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Tolleson market.
Median List Price $350,000
Median Price of New Listings $350,000
Per Square Foot $165
Average Days on Market 6
Median Days on Market 0
Price Decreased 16%
Price Increased 5%
Relisted 0%
Inventory 19
Median Rent $1,950
Market Action 95
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
$700,000 2,743 0.5 - 1 acre 4 3 25 2 1 3
$413,000 2,785 4,500 - 6,500 sqft 4 3 11 4 0 0
$350,000 2,114 0 - 4,500 sqft 4 2 19 5 2 0
$330,000 1,749 4,500 - 6,500 sqft 4 2 16 4 2 0