Is Tolleson, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Tolleson has remained a Seller's Market.
Housing Prices in Tolleson, AZ
How much do homes in Tolleson, AZ cost?
Median Sold Price
$409,995
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Tolleson was $409,995 in June 2024, up 2.2% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $299K | $275K | -8.0% |
3 Bedrooms | $379.9K | $385K | +1.3% |
4 Bedrooms | $410K | $419.7K | +2.4% |
5+ Bedrooms | $464.1K | $465K | 0.2% |
Summary: Tolleson housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 0.2%.
Housing Supply in Tolleson, AZ
How many homes are available in Tolleson, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
217 | 207 | -4.6% |
Summary: The Tolleson real estate market had 207 homes for sale in June 2024, a 4.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 69 | 80 | +15.9% |
4 Bedrooms | 116 | 96 | -17.2% |
5+ Bedrooms | 31 | 30 | -3.2% |
Summary: The Tolleson housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.9%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes decreased by 3.2%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
65 | 50 | -23.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Tolleson in June 2024, down by 23.1% month-over-month. Of the 50 sold homes, 28% were sold under asking, 54% were sold at asking, and 18% were sold over asking.
Days on Market for Tolleson, AZ
How long does it take to sell a home in Tolleson, AZ?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
45 Days | 37 Days | -18.8% |
Summary: Homes in Tolleson had an average of 37 days on market in Jun 2024, down by 18.8% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 50 homes were sold in Tolleson; 46% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.