Old Republic Title Market Report

Avondale, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Avondale, AZ

Mon Mar 01 2021
This week the median list price for Avondale, AZ is $341,000 with the market action index hovering around 96. This is an increase over last month's market action index of 94. Inventory has held steady at or around 24. 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.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Avondale, AZ

Mon Mar 01 2021
This week the median list price for Avondale, AZ is $341,000 with the market action index hovering around 96. This is an increase over last month's market action index of 94. Inventory has held steady at or around 24. 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.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Avondale market.
Median List Price $341,000
Per Square Foot $182
Days on Market 0
Price Decreased 4%
Price Increased 0%
Relisted 0%
Inventory 24
Median Rent $1,795
Most Expensive $870,000
Least Expensive $230,000
Market Action 96
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
$415,000 2,987 8,000 - 10,000 sqft 5 2 20 5 4 0
$357,500 1,975 6,500 - 8,000 sqft 3 2 19 4 3 0
$322,500 1,881 4,500 - 6,500 sqft 3 2 18 3 5 3
$252,450 1,277 4,500 - 6,500 sqft 3 2 37 5 4 0