Old Republic Title Market Report

Laveen, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Laveen, AZ

Sat Jul 31 2021
This week the median list price for Laveen, AZ is $465,490 with the market action index hovering around 90. This is about the same as last month's market action index of 90. Inventory has increased to 45. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Laveen, AZ

Sat Jul 31 2021
This week the median list price for Laveen, AZ is $465,490 with the market action index hovering around 90. This is about the same as last month's market action index of 90. Inventory has increased to 45. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Laveen market.
Median List Price $465,490
Median Price of New Listings $457,490
Per Square Foot $226
Average Days on Market 20
Median Days on Market 7
Price Decreased 22%
Price Increased 7%
Relisted 2%
Inventory 45
Median Rent $1,995
Market Action 90
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$615,000 2,902 0.5 - 1 acre 3 3 24 3 1 14
$479,990 2,150 8,000 - 10,000 sqft 4 3 0 6 2 0
$440,000 2,156 6,500 - 8,000 sqft 3 2 13 7 7 0
$378,000 1,670 4,500 - 6,500 sqft 3 2 14 6 3 7