First Integrity Title Market Report

Litchfield Park, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Litchfield Park, AZ

Wed Mar 03 2021
This week the median list price for Litchfield Park, AZ is $309,837 with the market action index hovering around 71. This is an increase over last month's market action index of 59. Inventory has held steady at or around 4. 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

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

Wed Mar 03 2021
This week the median list price for Litchfield Park, AZ is $309,837 with the market action index hovering around 71. This is an increase over last month's market action index of 59. Inventory has held steady at or around 4. 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

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 $309,837
Per Square Foot $200
Days on Market 4
Price Decreased 25%
Price Increased 25%
Relisted 0%
Inventory 4
Median Rent $1,550
Most Expensive $345,000
Least Expensive $275,000
Market Action 71
Strong Seller's Market

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
$345,000 1,780 0 - 4,500 sqft 3 2 43 0 1 7
$334,674 1,522 - 2 2 0 0 0 0
$285,000 1,381 - 2 2 15 1 0 0
$275,000 1,411 0 - 4,500 sqft 2 2 15 0 0 28