Navi Title Agency

Peoria, AZ 85383

Single-Family Homes

Here is your weekly Market Update!



Peoria, AZ 85383

Fri Jun 02 2023
This week the median list price for Peoria, AZ 85383 is $687,495 with the market action index hovering around 49. This is an increase over last month's market action index of 47. Inventory has decreased to 150. Click here to stay informed with the Peoria market!

Market Action Index

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

Strong Seller's Market

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.

Peoria, AZ 85383

Fri Jun 02 2023
This week the median list price for Peoria, AZ 85383 is $687,495 with the market action index hovering around 49. This is an increase over last month's market action index of 47. Inventory has decreased to 150. Click here to stay informed with the Peoria market!

Market Action Index

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

Strong Seller's Market

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 Peoria market.
Median List Price $687,495
Median Price of New Listings $694,500
Per Square Foot $290
Average Days on Market 68
Median Days on Market 35
Price Decreased 47%
Price Increased 1%
Relisted 6%
Inventory 150
Median Rent
Market Action 49
Strong Seller's Market

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
$1,099,000 3,267 0.25 - 0.5 acre 4 3.5 11 4 7 28
$775,000 2,658 8,000 - 10,000 sqft 4 2.5 8 6 3 35
$642,400 2,348 6,500 - 8,000 sqft 4 3 9 8 10 45
$538,700 1,961 4,500 - 6,500 sqft 3 2.5 11 2 5 28