Is Tolleson, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$405,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tolleson was $405,000 in April 2024, down 1.3% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $299K | $275K | -8.0% |
3 Bedrooms | $391.2K | $384.2K | -1.8% |
4 Bedrooms | $420.9K | $414.9K | -1.4% |
5+ Bedrooms | $467.2K | $463.7K | -0.7% |
Summary: Tolleson housing prices by bedroom type for April 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 decreased by 1.8%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in Tolleson, AZ
How many homes are available in Tolleson, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
197 | 188 | -4.6% |
Summary: The Tolleson real estate market had 188 homes for sale in April 2024, a 4.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 64 | 62 | -3.1% |
4 Bedrooms | 103 | 96 | -6.8% |
5+ Bedrooms | 30 | 29 | -3.3% |
Summary: The Tolleson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 3.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 50 | -7.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Tolleson in April 2024, down by 7.4% month-over-month. Of the 50 sold homes, 24% were sold under asking, 44% were sold at asking, and 32% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 32 Days | -39.8% |
Summary: Homes in Tolleson had an average of 32 days on market in Apr 2024, down by 39.8% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 50 homes were sold in Tolleson; 56% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.