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Litchfield Park, AZ 85340

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Litchfield Park, AZ 85340

Sat Dec 03 2022
This week the median list price for Litchfield Park, AZ 85340 is $574,990 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has decreased to 131. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Litchfield Park, AZ 85340

Sat Dec 03 2022
This week the median list price for Litchfield Park, AZ 85340 is $574,990 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has decreased to 131. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Litchfield Park market.
Median List Price $574,990
Median Price of New Listings $532,199
Per Square Foot $244
Average Days on Market 76
Median Days on Market 63
Price Decreased 63%
Price Increased 4%
Relisted 7%
Inventory 131
Median Rent
Market Action 37
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$949,500 3,414 0.5 - 1 acre 4 3 17 1 3 91
$679,000 2,833 0.25 - 0.5 acre 4 3 11 1 3 56
$525,000 2,256 8,000 - 10,000 sqft 4 2.5 4 5 4 70
$415,000 1,782 4,500 - 6,500 sqft 3 2 19 1 5 42