Arizona's Most Current Market Reports

Peoria, AZ

Single-Family Homes

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Peoria, AZ

Wed Apr 24 2024
This week the median list price for Peoria, AZ is $624,989 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has increased to 454. 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.

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.

Peoria, AZ

Wed Apr 24 2024
This week the median list price for Peoria, AZ is $624,989 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has increased to 454. 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.

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 Peoria market.
Median List Price $624,989
Median Price of New Listings $579,950
Per Square Foot $280
Average Days on Market 65
Median Days on Market 28
Price Decreased 50%
Price Increased 7%
Relisted 5%
Inventory 454
Median Rent
Market Action 44
Slight Seller's Advantage

The market is 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
$985,000 3,216 0.25 - 0.5 acre 4 3 10 9 16 42
$695,000 2,493 6,500 - 8,000 sqft 4 3 10 21 15 28
$539,950 2,054 6,500 - 8,000 sqft 3 2 14 14 20 31
$434,950 1,636 4,500 - 6,500 sqft 3 2 28 26 23 28