Old Republic Title Market Report

Laveen, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Laveen, AZ

Mon Jul 06 2020
This week the median list price for Laveen, AZ is $479,900 with the market action index hovering around 80. This is an increase over last month's market action index of 75. Inventory has held steady at or around 18. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Laveen, AZ

Mon Jul 06 2020
This week the median list price for Laveen, AZ is $479,900 with the market action index hovering around 80. This is an increase over last month's market action index of 75. Inventory has held steady at or around 18. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Laveen market.
Median List Price $479,900
Per Square Foot $204
Days on Market 69
Price Decreased 22%
Price Increased 17%
Relisted 0%
Inventory 18
Median Rent $1,498
Most Expensive $795,000
Least Expensive $249,999
Market Action 80
Strong Seller's Market

The market appears to be hovering around these current levels. 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
$672,475 2,537 2.5 - 5 acres 3 2 19 1 0 126
$505,900 2,321 1 - 2.5 acres 4 2 0 0 0 120
$435,000 2,331 1 - 2.5 acres 4 2 13 1 5 49
$275,000 2,204 0 - 4,500 sqft 4 2 14 3 5 2