First Integrity Title Market Report

Peoria, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Peoria, AZ

Thu Dec 08 2022
This week the median list price for Peoria, AZ is $325,000 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has decreased to 37. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Peoria, AZ

Thu Dec 08 2022
This week the median list price for Peoria, AZ is $325,000 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has decreased to 37. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Peoria market.
Median List Price $325,000
Median Price of New Listings $399,999
Per Square Foot $270
Average Days on Market 63
Median Days on Market 56
Price Decreased 49%
Price Increased 0%
Relisted 14%
Inventory 37
Median Rent
Market Action 43
Slight Seller's Advantage

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
$475,000 1,649 0 - 4,500 sqft 2 2 25 2 1 35
$359,900 1,347 0 - 4,500 sqft 2 2 28 0 3 70
$285,000 1,025 0 - 4,500 sqft 2 2 36 1 3 77
$247,450 1,010 0 - 4,500 sqft 2 2 30 0 0 52