Mon Oct 19 2020
This week the median list price for Avondale, AZ is $325,000 with the market action index hovering around 93. This is about the same as last month's market action index of 93. Inventory has held steady at or around 45.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$325,000|
|Per Square Foot||$162|
|Days on Market||20|
|Strong Seller's Market|
The market appears to be hovering around these current levels. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$469,900||2,524||0.5 - 1 acre||4||3||20||5||3||20|
|$339,000||2,172||0 - 4,500 sqft||4||2||20||6||7||11|
|$295,990||2,068||0 - 4,500 sqft||4||2||19||4||9||12|
|$254,500||1,377||0 - 4,500 sqft||3||2||22||8||8||35|