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Avondale, AZ 85392

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Avondale, AZ 85392

Thu Jan 20 2022
This week the median list price for Avondale, AZ 85392 is $486,000 with the market action index hovering around 90. This is an increase over last month's market action index of 89. Inventory has decreased to 10. Click here to stay informed with the Avondale market!

Market Action Index

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

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Avondale, AZ 85392

Thu Jan 20 2022
This week the median list price for Avondale, AZ 85392 is $486,000 with the market action index hovering around 90. This is an increase over last month's market action index of 89. Inventory has decreased to 10. Click here to stay informed with the Avondale market!

Market Action Index

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

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Avondale market.
Median List Price $486,000
Median Price of New Listings $433,000
Per Square Foot $227
Average Days on Market 34
Median Days on Market 28
Price Decreased 0%
Price Increased 10%
Relisted 0%
Inventory 10
Median Rent $2,020
Market Action 90
Strong Seller's Market

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$617,500 3,051 8,000 - 10,000 sqft 5 3.3 23 0 2 42
$540,000 2,369 6,500 - 8,000 sqft 3 2.8 27 0 2 70
$461,000 2,470 6,500 - 8,000 sqft 4 2.5 20 3 2 42
$370,000 1,225 6,500 - 8,000 sqft 3 2 23 3 4 0