Mon Oct 19 2020
This week the median list price for Peoria, AZ 85345 is $285,000 with the market action index hovering around 95. This is less than last month's market action index of 97. Inventory has held steady at or around 31.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$285,000|
|Per Square Foot||$181|
|Days on Market||30|
|Strong Seller's Market|
Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$392,000||2,270||0 - 4,500 sqft||4||3||16||1||0||41|
|$322,450||1,636||4,500 - 6,500 sqft||3||2||26||4||3||23|
|$277,450||1,642||8,000 - 10,000 sqft||3||2||36||4||3||15|
|$218,750||1,058||0 - 4,500 sqft||3||2||49||5||2||39|