Lawyers Title Market Report

Goodyear, AZ

Single-Family Homes

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Goodyear, AZ

Fri Dec 14 2018
This week the median list price for Goodyear, AZ is $329,997 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 518. Click here to stay informed with the Goodyear market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Goodyear, AZ

Fri Dec 14 2018
This week the median list price for Goodyear, AZ is $329,997 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 518. Click here to stay informed with the Goodyear market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Goodyear market.
Median List Price $329,997
Per Square Foot $145
Days on Market 80
Price Decreased 49%
Price Increased 7%
Relisted 7%
Inventory 518
Median House Rent $1,650
Most Expensive $1,745,000
Least Expensive $175,000
Market Action Index
Slight Seller's Advantage
35

The market appears to be 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
$495,000 3,161 0.25 - 0.5 acre 4 3 11 14 15 85
$364,479 2,481 8,000 - 10,000 sqft 4 2 10 16 13 75
$299,699 2,165 0 - 4,500 sqft 3 2 12 13 15 73
$241,900 1,686 0 - 4,500 sqft 3 2 15 13 17 89