Old Republic Title Market Report

Goodyear, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Goodyear, AZ

Wed Nov 25 2020
This week the median list price for Goodyear, AZ is $406,990 with the market action index hovering around 70. This is an increase over last month's market action index of 66. Inventory has held steady at or around 125. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Goodyear, AZ

Wed Nov 25 2020
This week the median list price for Goodyear, AZ is $406,990 with the market action index hovering around 70. This is an increase over last month's market action index of 66. Inventory has held steady at or around 125. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Goodyear market.
Median List Price $406,990
Per Square Foot $185
Days on Market 47
Price Decreased 30%
Price Increased 9%
Relisted 6%
Inventory 125
Median Rent $1,950
Most Expensive $864,900
Least Expensive $275,000
Market Action 70
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$569,900 3,048 0.25 - 0.5 acre 4 3 15 2 7 84
$459,000 2,313 8,000 - 10,000 sqft 3 2 14 10 9 39
$380,000 2,044 6,500 - 8,000 sqft 3 2 13 10 9 40
$312,500 1,792 4,500 - 6,500 sqft 3 2 13 14 18 24