Old Republic Title Market Report

Peoria, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Peoria, AZ

Mon May 17 2021
This week the median list price for Peoria, AZ is $565,000 with the market action index hovering around 100. This is about the same as last month's market action index of 100. Inventory has increased to 131. 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 has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Peoria, AZ

Mon May 17 2021
This week the median list price for Peoria, AZ is $565,000 with the market action index hovering around 100. This is about the same as last month's market action index of 100. Inventory has increased to 131. 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 has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Peoria market.
Median List Price $565,000
Median Price of New Listings $505,000
Per Square Foot $229
Average Days on Market 16
Median Days on Market 0
Price Decreased 15%
Price Increased 7%
Relisted 2%
Inventory 131
Median Rent $2,000
Market Action 100
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high. 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
$1,150,000 3,891 0.5 - 1 acre 4 3 13 9 4 17
$649,999 3,040 0.25 - 0.5 acre 4 3 16 22 13 0
$491,000 2,287 6,500 - 8,000 sqft 4 2 16 25 18 0
$374,900 1,564 6,500 - 8,000 sqft 3 2 25 27 20 0