Lawyers Title Market Report

Tolleson, AZ

Single-Family Homes

Lawyers Title Arizona | www.LawyersTitleArizona.com | 602.257.2600



Tolleson, AZ

Mon Jun 21 2021
This week the median list price for Tolleson, AZ is $432,499 with the market action index hovering around 94. This is less than last month's market action index of 95. Inventory has increased to 20. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Tolleson, AZ

Mon Jun 21 2021
This week the median list price for Tolleson, AZ is $432,499 with the market action index hovering around 94. This is less than last month's market action index of 95. Inventory has increased to 20. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Tolleson market.
Median List Price $432,499
Median Price of New Listings $350,000
Per Square Foot $180
Average Days on Market 13
Median Days on Market 7
Price Decreased 20%
Price Increased 10%
Relisted 0%
Inventory 20
Median Rent $2,000
Market Action 94
Strong Seller's Market

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$600,000 2,525 0.5 - 1 acre 4 3 21 1 0 28
$466,000 2,971 4,500 - 6,500 sqft 4 3 2 1 0 7
$385,000 2,170 4,500 - 6,500 sqft 4 2 17 4 3 0
$319,900 1,614 4,500 - 6,500 sqft 3 2 14 5 5 0