First Integrity Title Market Report

Litchfield Park, AZ

Condos/Townhomes

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Litchfield Park, AZ

Fri Apr 12 2024
This week the median list price for Litchfield Park, AZ is $464,900 with the market action index hovering around 48. This is an increase over last month's market action index of 43. Inventory has decreased to 5. 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.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Litchfield Park, AZ

Fri Apr 12 2024
This week the median list price for Litchfield Park, AZ is $464,900 with the market action index hovering around 48. This is an increase over last month's market action index of 43. Inventory has decreased to 5. 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.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Litchfield Park market.
Median List Price $464,900
Median Price of New Listings $810,000
Per Square Foot $265
Average Days on Market 157
Median Days on Market 112
Price Decreased 40%
Price Increased 20%
Relisted 20%
Inventory 5
Median Rent
Market Action 48
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$839,900 3,317 0 - 4,500 sqft 3 4 43 0 0 35
$810,000 2,804 0 - 4,500 sqft 3 3 43 1 1 210
$464,900 1,905 4,500 - 6,500 sqft 4 2 48 0 0 42
$262,950 917 0 - 4,500 sqft 1 1 35 0 0 248