Old Republic Title Market Report

Laveen, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Laveen, AZ

Mon Nov 23 2020
This week the median list price for Laveen, AZ is $405,320 with the market action index hovering around 68. This is an increase over last month's market action index of 67. Inventory has held steady at or around 51. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Laveen, AZ

Mon Nov 23 2020
This week the median list price for Laveen, AZ is $405,320 with the market action index hovering around 68. This is an increase over last month's market action index of 67. Inventory has held steady at or around 51. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Laveen market.
Median List Price $405,320
Per Square Foot $178
Days on Market 60
Price Decreased 14%
Price Increased 41%
Relisted 0%
Inventory 51
Median Rent $1,750
Most Expensive $2,160,000
Least Expensive $270,000
Market Action 68
Strong Seller's Market

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$556,000 2,581 1 - 2.5 acres 4 2 7 3 1 112
$415,000 2,289 6,500 - 8,000 sqft 4 3 0 1 0 63
$388,900 1,953 6,500 - 8,000 sqft 3 2 0 2 2 50
$308,000 1,915 4,500 - 6,500 sqft 3 2 14 7 8 16