First Integrity Title Market Report

Litchfield Park, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Litchfield Park, AZ

Sat Apr 13 2024
This week the median list price for Litchfield Park, AZ is $599,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has increased to 176. Click here to stay informed with the Litchfield Park market!

Market Action Index

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

Slight Seller's Advantage

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.

Litchfield Park, AZ

Sat Apr 13 2024
This week the median list price for Litchfield Park, AZ is $599,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has increased to 176. Click here to stay informed with the Litchfield Park market!

Market Action Index

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

Slight Seller's Advantage

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 Litchfield Park market.
Median List Price $599,000
Median Price of New Listings $674,990
Per Square Foot $237
Average Days on Market 72
Median Days on Market 35
Price Decreased 41%
Price Increased 15%
Relisted 10%
Inventory 176
Median Rent
Market Action 37
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$987,499 3,326 0.5 - 1 acre 4 4 18 4 2 45
$667,500 2,898 8,000 - 10,000 sqft 4 3 10 8 4 70
$547,450 2,373 6,500 - 8,000 sqft 4 3 1 1 6 21
$446,897 1,913 4,500 - 6,500 sqft 4 2 1 4 6 21