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Tolleson, AZ 85353

Single-Family Homes

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Tolleson, AZ 85353

Fri Jan 21 2022
This week the median list price for Tolleson, AZ 85353 is $445,000 with the market action index hovering around 82. This is about the same as last month's market action index of 82. Inventory has decreased to 17. Click here to stay informed with the Tolleson market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Tolleson, AZ 85353

Fri Jan 21 2022
This week the median list price for Tolleson, AZ 85353 is $445,000 with the market action index hovering around 82. This is about the same as last month's market action index of 82. Inventory has decreased to 17. Click here to stay informed with the Tolleson market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Tolleson market.
Median List Price $445,000
Median Price of New Listings $432,500
Per Square Foot $211
Average Days on Market 52
Median Days on Market 35
Price Decreased 35%
Price Increased 6%
Relisted 0%
Inventory 17
Median Rent $1,995
Market Action 82
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. 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
$799,950 2,532 0.5 - 1 acre 3 2.5 46 0 1 52
$462,500 2,793 4,500 - 6,500 sqft 4 3 17 1 2 28
$444,450 2,239 4,500 - 6,500 sqft 4 3 15 0 1 42
$396,100 1,594 0 - 4,500 sqft 4 2 17 1 3 28