Navi Title Agency

Avondale, AZ 85323

Single-Family Homes

Here is your weekly Market Update!


Avondale, AZ 85323

Fri Jul 26 2024
This week the median list price for Avondale, AZ 85323 is $439,938 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 104. Click here to stay informed with the Avondale market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Avondale, AZ 85323

Fri Jul 26 2024
This week the median list price for Avondale, AZ 85323 is $439,938 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 104. Click here to stay informed with the Avondale market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Avondale market.
Median List Price $439,938
Median Price of New Listings $434,495
Per Square Foot $230
Average Days on Market 70
Median Days on Market 46
Price Decreased 46%
Price Increased 13%
Relisted 5%
Inventory 104
Median Rent
Market Action 44
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$604,500 2,672 8,000 - 10,000 sqft 4 3 1 2 2 77
$476,578 2,127 4,500 - 6,500 sqft 4 3 3 5 2 31
$415,022 1,863 4,500 - 6,500 sqft 3 2 8 2 4 24
$365,000 1,420 4,500 - 6,500 sqft 3 2 40 5 3 35