Old Republic Title Market Report

Peoria, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Peoria, AZ

Thu Feb 27 2020
This week the median list price for Peoria, AZ is $459,900 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has held steady at or around 369. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Peoria, AZ

Thu Feb 27 2020
This week the median list price for Peoria, AZ is $459,900 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has held steady at or around 369. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Peoria market.
Median List Price $459,900
Per Square Foot $183
Days on Market 70
Price Decreased 38%
Price Increased 10%
Relisted 5%
Inventory 369
Median Rent $1,555
Most Expensive $2,691,800
Least Expensive $159,900
Market Action 50
Strong Seller's Market

While this week the median didn’t fluctuate much, prices continue to sit at all time highs. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$727,450 3,437 0.25 - 0.5 acre 4 3 10 6 8 101
$514,950 2,639 8,000 - 10,000 sqft 3 2 7 9 7 72
$413,450 2,452 4,500 - 6,500 sqft 4 2 14 21 19 65
$305,000 1,859 0 - 4,500 sqft 3 2 20 34 40 39