First Arizona Title's Market Report

Peoria, AZ

Single-Family Homes

First Arizona Title Agency | (480) 385-6500 | www.FirstAZTitle.com



Peoria, AZ

Thu Jan 28 2021
This week the median list price for Peoria, AZ is $465,000 with the market action index hovering around 79. This is an increase over last month's market action index of 76. Inventory has held steady at or around 126. 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

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

Thu Jan 28 2021
This week the median list price for Peoria, AZ is $465,000 with the market action index hovering around 79. This is an increase over last month's market action index of 76. Inventory has held steady at or around 126. 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

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 $465,000
Per Square Foot $208
Days on Market 51
Price Decreased 23%
Price Increased 18%
Relisted 4%
Inventory 126
Median Rent $1,908
Most Expensive $2,750,000
Least Expensive $175,000
Market Action 79
Strong Seller's Market

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
$789,000 3,809 0.25 - 0.5 acre 4 3 16 10 6 45
$530,000 2,852 6,500 - 8,000 sqft 4 3 14 12 11 41
$429,900 2,038 4,500 - 6,500 sqft 3 2 4 12 11 66
$349,950 1,711 6,500 - 8,000 sqft 3 2 26 14 17 48