Old Republic Title's Market Report

Tolleson, AZ

Single-Family Homes



Tolleson, AZ

Tue Mar 19 2024
This week the median list price for Tolleson, AZ is $437,445 with the market action index hovering around 50. This is an increase over last month's market action index of 45. Inventory has increased to 60. 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

Tue Mar 19 2024
This week the median list price for Tolleson, AZ is $437,445 with the market action index hovering around 50. This is an increase over last month's market action index of 45. Inventory has increased to 60. 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 $437,445
Median Price of New Listings $396,990
Per Square Foot $220
Average Days on Market 39
Median Days on Market 14
Price Decreased 40%
Price Increased 10%
Relisted 2%
Inventory 60
Median Rent
Market Action 50
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
$514,990 2,764 4,500 - 6,500 sqft 4 3 4 1 2 14
$455,000 2,241 4,500 - 6,500 sqft 4 3 3 1 2 14
$429,990 1,953 4,500 - 6,500 sqft 4 2 1 3 1 0
$379,000 1,466 4,500 - 6,500 sqft 3 2 18 6 4 28