Navi Title Agency

Avondale, AZ 85392

Single-Family Homes

Here is your weekly Market Update!



Avondale, AZ 85392

Fri Jun 02 2023
This week the median list price for Avondale, AZ 85392 is $490,000 with the market action index hovering around 71. This is an increase over last month's market action index of 69. Inventory has decreased to 25. 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

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.

Avondale, AZ 85392

Fri Jun 02 2023
This week the median list price for Avondale, AZ 85392 is $490,000 with the market action index hovering around 71. This is an increase over last month's market action index of 69. Inventory has decreased to 25. 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

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 Avondale market.
Median List Price $490,000
Median Price of New Listings $440,000
Per Square Foot $228
Average Days on Market 63
Median Days on Market 49
Price Decreased 48%
Price Increased 0%
Relisted 8%
Inventory 25
Median Rent
Market Action 71
Strong Seller's Market

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$699,500 2,719 8,000 - 10,000 sqft 4 3 36 0 0 52
$524,975 2,626 6,500 - 8,000 sqft 4 3 19 1 0 77
$482,000 2,302 6,500 - 8,000 sqft 4 2.3 24 1 3 14
$389,990 1,566 4,500 - 6,500 sqft 3 2 25 1 5 42