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Peoria, AZ 85345

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Peoria, AZ 85345

Fri Jan 21 2022
This week the median list price for Peoria, AZ 85345 is $405,000 with the market action index hovering around 92. This is less than last month's market action index of 93. Inventory has increased to 23. 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 85345

Fri Jan 21 2022
This week the median list price for Peoria, AZ 85345 is $405,000 with the market action index hovering around 92. This is less than last month's market action index of 93. Inventory has increased to 23. 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 $405,000
Median Price of New Listings $389,999
Per Square Foot $253
Average Days on Market 18
Median Days on Market 7
Price Decreased 9%
Price Increased 0%
Relisted 0%
Inventory 23
Median Rent $1,980
Market Action 92
Strong Seller's Market

Prices in this zip code seem to have settled around a 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
$479,900 2,270 8,000 - 10,000 sqft 4 2.5 23 1 2 21
$427,500 1,629 8,000 - 10,000 sqft 4 2 38 2 3 7
$389,949 1,437 6,500 - 8,000 sqft 3 2 28 5 4 0
$344,500 1,205 4,500 - 6,500 sqft 2 2 35 1 3 14