Pango Group

Tolleson, AZ

Single-Family Homes

www.pangogroup.com



Tolleson, AZ

Sun Jul 14 2024
This week the median list price for Tolleson, AZ is $419,750 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has held steady at or around 78. Click here to stay informed with the Tolleson market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Tolleson, AZ

Sun Jul 14 2024
This week the median list price for Tolleson, AZ is $419,750 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has held steady at or around 78. Click here to stay informed with the Tolleson market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Tolleson market.
Median List Price $419,750
Median Price of New Listings $430,000
Per Square Foot $218
Average Days on Market 52
Median Days on Market 39
Price Decreased 51%
Price Increased 8%
Relisted 4%
Inventory 78
Median Rent
Market Action 50
Strong Seller's Market

The market is 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
$499,000 2,479 4,500 - 6,500 sqft 4 3 17 4 5 49
$435,000 2,381 4,500 - 6,500 sqft 4 3 17 4 3 42
$402,495 1,715 4,500 - 6,500 sqft 4 2 17 1 5 35
$374,500 1,516 4,500 - 6,500 sqft 3 2 19 4 2 24