Lawyers Title Market Report

Avondale, AZ 85323

Single-Family Homes

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Avondale, AZ 85323

Mon Jun 21 2021
This week the median list price for Avondale, AZ 85323 is $390,000 with the market action index hovering around 99. This is less than last month's market action index of 100. Inventory has increased to 17. Click here to stay informed with the Avondale 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.

Avondale, AZ 85323

Mon Jun 21 2021
This week the median list price for Avondale, AZ 85323 is $390,000 with the market action index hovering around 99. This is less than last month's market action index of 100. Inventory has increased to 17. Click here to stay informed with the Avondale 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 Avondale market.
Median List Price $390,000
Median Price of New Listings $362,500
Per Square Foot $187
Average Days on Market 12
Median Days on Market 0
Price Decreased 12%
Price Increased 6%
Relisted 0%
Inventory 17
Median Rent $1,900
Market Action 99
Strong Seller's Market

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as 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
$472,900 2,712 6,500 - 8,000 sqft 4 3 17 2 0 7
$412,000 2,109 6,500 - 8,000 sqft 4 2 18 1 2 7
$374,949 1,776 6,500 - 8,000 sqft 4 2 18 3 1 0
$349,900 1,925 4,500 - 6,500 sqft 4 2 16 5 3 0