Old Republic Title Market Report

Peoria, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Peoria, AZ

Thu Aug 06 2020
This week the median list price for Peoria, AZ is $437,500 with the market action index hovering around 63. This is an increase over last month's market action index of 55. Inventory has held steady at or around 279. 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

Thu Aug 06 2020
This week the median list price for Peoria, AZ is $437,500 with the market action index hovering around 63. This is an increase over last month's market action index of 55. Inventory has held steady at or around 279. 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 $437,500
Per Square Foot $192
Days on Market 63
Price Decreased 29%
Price Increased 13%
Relisted 4%
Inventory 279
Median Rent $1,795
Most Expensive $2,691,800
Least Expensive $175,000
Market Action 63
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change 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
$700,000 3,465 0.25 - 0.5 acre 4 3 6 10 10 105
$517,000 2,682 8,000 - 10,000 sqft 4 2 10 23 21 49
$384,495 2,152 0 - 4,500 sqft 3 2 8 21 24 62
$315,000 1,737 0 - 4,500 sqft 3 2 16 27 38 34