Old Republic Title Market Report

Peoria, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Peoria, AZ

Thu Jan 23 2020
This week the median list price for Peoria, AZ is $437,657 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has held steady at or around 401. 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

Thu Jan 23 2020
This week the median list price for Peoria, AZ is $437,657 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has held steady at or around 401. 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 $437,657
Per Square Foot $178
Days on Market 81
Price Decreased 46%
Price Increased 6%
Relisted 4%
Inventory 401
Median Rent $1,695
Most Expensive $2,691,800
Least Expensive $162,000
Market Action 46
Strong Seller's Market

The market appears to be 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
$697,250 3,458 0.25 - 0.5 acre 4 3 7 11 6 104
$495,000 2,617 8,000 - 10,000 sqft 3 2 5 19 12 81
$384,875 2,248 0 - 4,500 sqft 4 2 7 7 22 86
$279,900 1,725 0 - 4,500 sqft 3 2 27 21 23 51