Old Republic Title Market Report

Peoria, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Peoria, AZ

Wed Oct 23 2019
This week the median list price for Peoria, AZ is $399,385 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has held steady at or around 491. 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

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.

Peoria, AZ

Wed Oct 23 2019
This week the median list price for Peoria, AZ is $399,385 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has held steady at or around 491. 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

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 Peoria market.
Median List Price $399,385
Per Square Foot $168
Days on Market 72
Price Decreased 45%
Price Increased 6%
Relisted 6%
Inventory 491
Median House Rent $1,650
Most Expensive $3,295,000
Least Expensive $75,000
Market Action Index
Strong Seller's Market
50

Prices appear to be hovering around their high point. 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
$699,925 3,573 0.25 - 0.5 acre 4 3 7 9 7 98
$458,998 2,833 8,000 - 10,000 sqft 4 3 8 8 19 82
$359,990 2,229 0 - 4,500 sqft 3 2 12 16 10 75
$280,000 1,730 0 - 4,500 sqft 3 2 22 44 34 31