Navi Title Agency

Litchfield Park, AZ 85340

Single-Family Homes

Here is your weekly Market Update!



Litchfield Park, AZ 85340

Sat Apr 13 2024
This week the median list price for Litchfield Park, AZ 85340 is $599,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has increased to 176. Click here to stay informed with the Litchfield Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Litchfield Park, AZ 85340

Sat Apr 13 2024
This week the median list price for Litchfield Park, AZ 85340 is $599,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has increased to 176. Click here to stay informed with the Litchfield Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Litchfield Park market.
Median List Price $599,000
Median Price of New Listings $674,990
Per Square Foot $237
Average Days on Market 72
Median Days on Market 35
Price Decreased 41%
Price Increased 15%
Relisted 10%
Inventory 176
Median Rent
Market Action 37
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$987,499 3,326 0.5 - 1 acre 4 4 18 4 2 45
$667,500 2,898 8,000 - 10,000 sqft 4 3 10 8 4 70
$547,450 2,373 6,500 - 8,000 sqft 4 3 1 1 6 21
$446,897 1,913 4,500 - 6,500 sqft 4 2 1 4 6 21