Your Localized Market Report

Buckeye, AZ

Single-Family Homes

Lawyers Title Arizona & Grand Canyon Title Agency www.LawyersTitleArizona.com & www.gcta.com


Buckeye, AZ

Mon Dec 11 2023
This week the median list price for Buckeye, AZ is $439,700 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 395. Click here to stay informed with the Buckeye market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Buckeye, AZ

Mon Dec 11 2023
This week the median list price for Buckeye, AZ is $439,700 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 395. Click here to stay informed with the Buckeye market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Buckeye market.
Median List Price $439,700
Median Price of New Listings $447,475
Per Square Foot $236
Average Days on Market 76
Median Days on Market 42
Price Decreased 51%
Price Increased 6%
Relisted 6%
Inventory 395
Median Rent
Market Action 37
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$649,850 2,473 8,000 - 10,000 sqft 4 3 6 15 13 42
$470,000 2,126 6,500 - 8,000 sqft 4 3 5 8 10 49
$400,000 1,855 4,500 - 6,500 sqft 3 2 9 9 8 49
$350,000 1,556 4,500 - 6,500 sqft 3 2 15 12 12 35