Lawyers Title Market Report

Laveen, AZ 85339

Single-Family Homes

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Laveen, AZ 85339

Sat Jun 12 2021
This week the median list price for Laveen, AZ 85339 is $434,950 with the market action index hovering around 91. This is less than last month's market action index of 95. Inventory has increased to 28. Click here to stay informed with the Laveen market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Laveen, AZ 85339

Sat Jun 12 2021
This week the median list price for Laveen, AZ 85339 is $434,950 with the market action index hovering around 91. This is less than last month's market action index of 95. Inventory has increased to 28. Click here to stay informed with the Laveen market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Laveen market.
Median List Price $434,950
Median Price of New Listings $375,000
Per Square Foot $210
Average Days on Market 32
Median Days on Market 7
Price Decreased 18%
Price Increased 7%
Relisted 4%
Inventory 28
Median Rent $2,100
Market Action 91
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this 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
$900,000 2,902 1 - 2.5 acres 4 3 21 0 0 77
$474,000 2,051 8,000 - 10,000 sqft 4 2 15 3 1 14
$402,000 1,920 6,500 - 8,000 sqft 3 2 15 4 3 0
$319,900 1,544 0 - 4,500 sqft 3 2 16 7 4 0