Old Republic Title Market Report

Tolleson, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Tolleson, AZ

Wed Nov 25 2020
This week the median list price for Tolleson, AZ is $330,000 with the market action index hovering around 94. This is less than last month's market action index of 96. Inventory has held steady at or around 16. 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 started cooling and prices have been flat for several weeks. Since 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 Nov 25 2020
This week the median list price for Tolleson, AZ is $330,000 with the market action index hovering around 94. This is less than last month's market action index of 96. Inventory has held steady at or around 16. 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 started cooling and prices have been flat for several weeks. Since 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 $330,000
Per Square Foot $146
Days on Market 76
Price Decreased 13%
Price Increased 0%
Relisted 0%
Inventory 16
Median Rent $1,713
Most Expensive $650,000
Least Expensive $269,850
Market Action 94
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 significantly from here.

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
$354,500 2,477 6,500 - 8,000 sqft 4 2 16 3 1 266
$340,750 2,373 0 - 4,500 sqft 4 2 13 1 1 19
$320,000 2,378 4,500 - 6,500 sqft 4 2 14 1 0 14
$282,000 1,669 6,500 - 8,000 sqft 4 2 15 2 2 5