Clear Title Agency of Arizona

Litchfield Park, AZ

Single-Family Homes

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Litchfield Park, AZ

Sun Jan 29 2023
This week the median list price for Litchfield Park, AZ is $599,850 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 102. Click here to stay informed with the Litchfield Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

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.

Litchfield Park, AZ

Sun Jan 29 2023
This week the median list price for Litchfield Park, AZ is $599,850 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 102. Click here to stay informed with the Litchfield Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

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 Litchfield Park market.
Median List Price $599,850
Median Price of New Listings $557,500
Per Square Foot $234
Average Days on Market 93
Median Days on Market 77
Price Decreased 56%
Price Increased 5%
Relisted 12%
Inventory 102
Median Rent
Market Action 38
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$999,000 3,656 0.5 - 1 acre 4 3.5 18 3 3 112
$689,000 3,093 0.25 - 0.5 acre 4 3 20 4 3 70
$547,450 2,361 8,000 - 10,000 sqft 4 2.5 4 1 2 91
$425,000 1,874 4,500 - 6,500 sqft 4 2 19 6 3 63