Navi Title Agency

Goodyear, AZ

Single-Family Homes

Here is your weekly Market Update!



Goodyear, AZ

Thu Sep 21 2023
This week the median list price for Goodyear, AZ is $549,999 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has increased to 258. 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

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

Thu Sep 21 2023
This week the median list price for Goodyear, AZ is $549,999 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has increased to 258. 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

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 $549,999
Median Price of New Listings $519,997
Per Square Foot $246
Average Days on Market 61
Median Days on Market 35
Price Decreased 52%
Price Increased 7%
Relisted 4%
Inventory 258
Median Rent
Market Action 43
Slight Seller's Advantage

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
$787,495 2,962 0.25 - 0.5 acre 4 3 12 6 8 49
$615,000 2,424 8,000 - 10,000 sqft 3 3 11 9 1 31
$500,000 2,099 4,500 - 6,500 sqft 3 3 9 11 6 35
$425,000 1,784 4,500 - 6,500 sqft 3 2 17 14 12 28