First Integrity Title Market Report

Peoria, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Peoria, AZ

Thu Feb 25 2021
This week the median list price for Peoria, AZ is $244,900 with the market action index hovering around 79. This is less than last month's market action index of 80. Inventory has held steady at or around 9. Click here to stay informed with the Peoria market!

Market Action Index

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

Strong Seller's Market

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.

Peoria, AZ

Thu Feb 25 2021
This week the median list price for Peoria, AZ is $244,900 with the market action index hovering around 79. This is less than last month's market action index of 80. Inventory has held steady at or around 9. Click here to stay informed with the Peoria market!

Market Action Index

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

Strong Seller's Market

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 Peoria market.
Median List Price $244,900
Per Square Foot $191
Days on Market 0
Price Decreased 11%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent $1,330
Most Expensive $860,000
Least Expensive $185,000
Market Action 79
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
$777,450 2,807 4,500 - 6,500 sqft 3 3 47 1 0 3
$299,900 1,242 0 - 4,500 sqft 2 2 20 2 0 7
$242,400 1,421 0 - 4,500 sqft 2 2 33 1 1 38
$199,000 1,156 0 - 4,500 sqft 2 2 37 2 2 0