Pango Group

Goodyear, AZ

Single-Family Homes

www.pangogroup.com



Goodyear, AZ

Sun Jul 14 2024
This week the median list price for Goodyear, AZ is $534,945 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 422. Click here to stay informed with the Goodyear market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Goodyear, AZ

Sun Jul 14 2024
This week the median list price for Goodyear, AZ is $534,945 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 422. Click here to stay informed with the Goodyear market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Goodyear market.
Median List Price $534,945
Median Price of New Listings $502,499
Per Square Foot $240
Average Days on Market 79
Median Days on Market 49
Price Decreased 52%
Price Increased 5%
Relisted 7%
Inventory 422
Median Rent
Market Action 40
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate 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
$750,000 3,022 0.25 - 0.5 acre 4 3 12 10 12 70
$579,000 2,456 8,000 - 10,000 sqft 4 3 13 8 14 56
$489,992 2,064 6,500 - 8,000 sqft 3 2 7 8 13 42
$419,999 1,759 4,500 - 6,500 sqft 3 2 17 14 22 42