Old Republic Title Market Report

Laveen, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Laveen, AZ

Thu Jan 23 2020
This week the median list price for Laveen, AZ is $332,450 with the market action index hovering around 59. This is less than last month's market action index of 61. Inventory has held steady at or around 52. Click here to stay informed with the Laveen 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 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.

Laveen, AZ

Thu Jan 23 2020
This week the median list price for Laveen, AZ is $332,450 with the market action index hovering around 59. This is less than last month's market action index of 61. Inventory has held steady at or around 52. Click here to stay informed with the Laveen 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 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 Laveen market.
Median List Price $332,450
Per Square Foot $146
Days on Market 93
Price Decreased 21%
Price Increased 6%
Relisted 0%
Inventory 52
Median Rent $1,570
Most Expensive $835,000
Least Expensive $200,000
Market Action 59
Strong Seller's Market

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
$535,000 3,066 0.5 - 1 acre 4 3 4 0 1 203
$362,500 2,907 8,000 - 10,000 sqft 4 2 15 2 2 53
$299,900 2,462 0 - 4,500 sqft 4 2 13 4 5 35
$235,000 1,598 0 - 4,500 sqft 3 2 14 1 5 78