Old Republic Title Market Report

Goodyear, AZ

Single-Family Homes

www.ortc.com | 602-631-3755


Goodyear, AZ

Thu Jan 23 2020
This week the median list price for Goodyear, AZ is $350,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has held steady at or around 357. Click here to stay informed with the Goodyear market!

Market Action Index

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

Slight Seller's Advantage

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.

Goodyear, AZ

Thu Jan 23 2020
This week the median list price for Goodyear, AZ is $350,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has held steady at or around 357. Click here to stay informed with the Goodyear market!

Market Action Index

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

Slight Seller's Advantage

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 Goodyear market.
Median List Price $350,000
Per Square Foot $159
Days on Market 79
Price Decreased 45%
Price Increased 5%
Relisted 3%
Inventory 357
Median Rent $1,650
Most Expensive $975,000
Least Expensive $189,900
Market Action 39
Slight Seller's Advantage

The market appears to be 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
$520,000 2,962 0.25 - 0.5 acre 3 3 14 12 12 101
$385,000 2,484 8,000 - 10,000 sqft 4 2 13 14 8 74
$319,850 2,195 0 - 4,500 sqft 3 2 13 13 14 83
$269,950 1,691 0 - 4,500 sqft 3 2 15 18 10 54