Old Republic Title Market Report

Goodyear, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Goodyear, AZ

Wed Oct 23 2019
This week the median list price for Goodyear, AZ is $347,048 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 425. 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

Wed Oct 23 2019
This week the median list price for Goodyear, AZ is $347,048 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 425. 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 $347,048
Per Square Foot $154
Days on Market 68
Price Decreased 43%
Price Increased 5%
Relisted 5%
Inventory 425
Median House Rent $1,650
Most Expensive $975,000
Least Expensive $205,000
Market Action Index
Slight Seller's Advantage
41

Prices appear to be hovering around their high point. 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
$508,997 2,966 0.25 - 0.5 acre 4 3 11 9 6 88
$384,875 2,492 8,000 - 10,000 sqft 3 2 13 9 7 69
$315,000 2,224 0 - 4,500 sqft 3 2 9 19 11 64
$260,000 1,716 0 - 4,500 sqft 3 2 15 25 13 52