Old Republic Title Market Report

Laveen, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Laveen, AZ

Wed Dec 11 2019
This week the median list price for Laveen, AZ is $302,400 with the market action index hovering around 66. This is less than last month's market action index of 67. Inventory has held steady at or around 64. 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

Wed Dec 11 2019
This week the median list price for Laveen, AZ is $302,400 with the market action index hovering around 66. This is less than last month's market action index of 67. Inventory has held steady at or around 64. 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 $302,400
Per Square Foot $135
Days on Market 71
Price Decreased 34%
Price Increased 6%
Relisted 0%
Inventory 64
Median Rent $1,538
Most Expensive $835,000
Least Expensive $200,000
Market Action 66
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
$501,995 2,723 1 - 2.5 acres 4 2 19 0 1 169
$337,450 2,647 4,500 - 6,500 sqft 4 2 12 2 0 34
$277,447 2,453 0 - 4,500 sqft 4 2 13 3 5 31
$235,950 1,675 0 - 4,500 sqft 3 2 13 4 5 47