Is Tolleson, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tolleson is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, Tolleson has remained a Seller's Market.

Key Takeaway

Tolleson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Tolleson, AZ cost?

Median Sold Price

$293,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$63,000(+27.4%)

Key Takeaway

Homes in Tolleson have sold for 27.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 $189K$185K
-2.1%
3 $230K$271.5K
+18.0%
4 $245K$358.4K
+46.3%
5+ $399K$325.5K
-18.4%

Median Sold Price Compared To Nearby Cities

Avondale
+31.5%
Tolleson
+27.4%
Phoenix
+23.8%

How many homes are available in Tolleson, AZ?

Number of Homes For Sale

Oct 2021Nov 2021%
1418+28.6%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 11
0.0%
3 610
+66.7%
4 77
0.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
27+250.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tolleson, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
30 Days47 Days+55.5%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tolleson are selling fast, if you're buying plan to act quickly.

About Tolleson, AZ

Number of homes for sale in Tolleson, AZ real estate market have reached 18. Between October 2021 and November 2021, Tolleson, AZ real estate market has seen increase in the number of listings by 28.6%. The median list price of listings available in November 2021 was $293,000, while the average time on the real estate market was 47 days. Between October 2021 and November 2021, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went down by 2.1%, prices of 3 bedrooms properties went up by 18%, 4 bedrooms properties became 46.3% more expensive, 5 bedrooms properties prices decreased by 18.4%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes became 66.7% more available, number of 4 bedrooms homes remained the same, volume of 5 bedrooms homes stayed the same. In November 2021 more than 4 listings in Tolleson, AZ were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 0 were sold below.

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