Amy Gerrish, Realtor & Data Scientist.

Peoria, AZ 85345

Single-Family Homes

Realty Executives



Peoria, AZ 85345

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. 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 85345

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. 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 $285,000
Per Square Foot $181
Days on Market 30
Price Decreased 23%
Price Increased 6%
Relisted 3%
Inventory 31
Median Rent $1,595
Most Expensive $410,000
Least Expensive $175,000
Market Action 95
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.

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
$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