First Integrity Title Market Report

Tolleson, AZ

Single-Family Homes

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Tolleson, AZ

Sun Apr 14 2024
This week the median list price for Tolleson, AZ is $437,445 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has increased to 64. Click here to stay informed with the Tolleson 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.

Tolleson, AZ

Sun Apr 14 2024
This week the median list price for Tolleson, AZ is $437,445 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has increased to 64. Click here to stay informed with the Tolleson 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 Tolleson market.
Median List Price $437,445
Median Price of New Listings $420,000
Per Square Foot $219
Average Days on Market 39
Median Days on Market 21
Price Decreased 39%
Price Increased 16%
Relisted 9%
Inventory 64
Median Rent
Market Action 50
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
$499,995 2,362 4,500 - 6,500 sqft 4 3 2 0 4 31
$444,995 2,137 4,500 - 6,500 sqft 4 2 1 1 1 21
$429,990 1,953 4,500 - 6,500 sqft 4 2.5 3 4 4 17
$374,250 1,437 4,500 - 6,500 sqft 3 2 15 2 4 17