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Tolleson, AZ

Single-Family Homes

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Tolleson, AZ

Sun Jan 29 2023
This week the median list price for Tolleson, AZ is $399,999 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 74. 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.

Slight Seller's Advantage

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 Jan 29 2023
This week the median list price for Tolleson, AZ is $399,999 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 74. 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.

Slight Seller's Advantage

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 $399,999
Median Price of New Listings $399,990
Per Square Foot $220
Average Days on Market 98
Median Days on Market 84
Price Decreased 59%
Price Increased 3%
Relisted 7%
Inventory 74
Median Rent
Market Action 38
Slight Seller's Advantage

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
$497,500 2,401 6,500 - 8,000 sqft 4 2.5 17 2 0 80
$415,000 2,023 4,500 - 6,500 sqft 3 2.3 17 1 3 105
$395,000 1,800 4,500 - 6,500 sqft 4 2 15 2 1 70
$375,000 1,594 4,500 - 6,500 sqft 3 2 18 2 2 98