Arizona's Most Current Market Reports

Peoria, AZ

Single-Family Homes

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Peoria, AZ

Mon Jan 24 2022
This week the median list price for Peoria, AZ is $559,700 with the market action index hovering around 77. This is less than last month's market action index of 80. Inventory has decreased to 154. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Peoria, AZ

Mon Jan 24 2022
This week the median list price for Peoria, AZ is $559,700 with the market action index hovering around 77. This is less than last month's market action index of 80. Inventory has decreased to 154. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Peoria market.
Median List Price $559,700
Median Price of New Listings $520,000
Per Square Foot $265
Average Days on Market 39
Median Days on Market 21
Price Decreased 19%
Price Increased 10%
Relisted 3%
Inventory 154
Median Rent $2,115
Market Action 77
Strong Seller's Market

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
$812,450 3,039 0.25 - 0.5 acre 4 3 8 13 10 35
$624,950 2,509 6,500 - 8,000 sqft 4 2.5 16 11 10 28
$529,900 2,056 6,500 - 8,000 sqft 3 2.5 18 11 13 28
$416,000 1,575 6,500 - 8,000 sqft 3 2 34 22 16 0