Old Republic Title Market Report

Laveen, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Laveen, AZ

Wed May 27 2020
This week the median list price for Laveen, AZ is $339,000 with the market action index hovering around 76. This is less than last month's market action index of 84. Inventory has held steady at or around 41. 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 started cooling and prices have been flat for several weeks. Since 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

Wed May 27 2020
This week the median list price for Laveen, AZ is $339,000 with the market action index hovering around 76. This is less than last month's market action index of 84. Inventory has held steady at or around 41. 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 started cooling and prices have been flat for several weeks. Since 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 $339,000
Per Square Foot $152
Days on Market 64
Price Decreased 39%
Price Increased 0%
Relisted 0%
Inventory 41
Median Rent $1,495
Most Expensive $849,900
Least Expensive $219,000
Market Action 76
Strong Seller's Market

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
$620,000 2,953 1 - 2.5 acres 4 3 17 0 1 96
$438,495 2,412 1 - 2.5 acres 4 2 1 2 3 54
$316,500 2,516 0 - 4,500 sqft 4 2 14 1 1 44
$258,000 1,702 0 - 4,500 sqft 3 2 14 3 5 61