Clear Title Agency of Arizona

Peoria, AZ

Single-Family Homes

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Peoria, AZ

Thu Jan 20 2022
This week the median list price for Peoria, AZ is $562,500 with the market action index hovering around 77. This is about the same as last month's market action index of 77. Inventory has decreased to 145. Click here to stay informed with the Peoria market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Peoria, AZ

Thu Jan 20 2022
This week the median list price for Peoria, AZ is $562,500 with the market action index hovering around 77. This is about the same as last month's market action index of 77. Inventory has decreased to 145. Click here to stay informed with the Peoria market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Peoria market.
Median List Price $562,500
Median Price of New Listings $545,000
Per Square Foot $253
Average Days on Market 42
Median Days on Market 21
Price Decreased 22%
Price Increased 11%
Relisted 2%
Inventory 145
Median Rent $2,115
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
$782,500 3,171 8,000 - 10,000 sqft 4 3 12 10 7 31
$634,950 2,544 6,500 - 8,000 sqft 4 2.5 16 8 13 38
$533,947 2,174 6,500 - 8,000 sqft 3 2.5 16 12 8 17
$429,900 1,735 6,500 - 8,000 sqft 3 2 29 11 16 14