The First American Title Market Report

Laveen, AZ

Single-Family Homes

Arizona Direct Operations



Laveen, AZ

Mon Oct 19 2020
This week the median list price for Laveen, AZ is $380,490 with the market action index hovering around 69. This is less than last month's market action index of 72. Inventory has held steady at or around 60. Click here to stay informed with the Laveen market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Laveen, AZ

Mon Oct 19 2020
This week the median list price for Laveen, AZ is $380,490 with the market action index hovering around 69. This is less than last month's market action index of 72. Inventory has held steady at or around 60. Click here to stay informed with the Laveen market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Laveen market.
Median List Price $380,490
Per Square Foot $166
Days on Market 48
Price Decreased 10%
Price Increased 45%
Relisted 0%
Inventory 60
Median Rent $1,300
Most Expensive $695,000
Least Expensive $232,500
Market Action 69
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
$535,900 3,009 0.5 - 1 acre 4 3 12 1 0 104
$394,990 2,289 0 - 4,500 sqft 4 3 0 1 0 38
$350,000 2,081 0 - 4,500 sqft 3 2 3 4 3 28
$285,500 1,915 0 - 4,500 sqft 4 2 14 8 4 21