Old Republic Title Market Report

Tolleson, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Tolleson, AZ

Sat Nov 27 2021
This week the median list price for Tolleson, AZ is $422,623 with the market action index hovering around 91. This is about the same as last month's market action index of 91. Inventory has decreased to 34. 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

Sat Nov 27 2021
This week the median list price for Tolleson, AZ is $422,623 with the market action index hovering around 91. This is about the same as last month's market action index of 91. Inventory has decreased to 34. 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 $422,623
Median Price of New Listings $382,500
Per Square Foot $205
Average Days on Market 29
Median Days on Market 11
Price Decreased 21%
Price Increased 18%
Relisted 9%
Inventory 34
Median Rent $2,100
Market Action 91
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
$632,500 2,742 0.5 - 1 acre 4 2.8 28 2 0 31
$443,126 2,162 4,500 - 6,500 sqft 4 2.5 15 0 2 35
$405,000 2,010 4,500 - 6,500 sqft 4 2 13 4 2 7
$380,000 1,580 6,500 - 8,000 sqft 3 2 16 8 3 0