About Tolleson Arizona Homes
Tolleson Arizona Homes are found in the South Phoenix Area between Avondale on the West and Laveen on the East Side. Your Search Results will appear below showing the “Newest Listings” first. Fine-Tune those results by simply adding more of your own criteria in the form provided below, for better and Quick Results!! Simply “click” on the home photos to display all the details for your selected home.
There are currently (65) active properties available in Tolleson today. Tolleson has a population of 32,391, with an average age of 26, and average home value of $189,558.
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955
Corey Frederic –
Coldwell Banker Residential Brokerage
Some Real Estate listings in Tolleson, AZ
Monthly Market Report
May property sales were 66, up from 64 in May of 2018 and -12.0% lower than the 75 sales last month. May 2019 sales were at a mid level compared to May of 2018 and 2017. May YTD sales of 273 are running 1.9% ahead of last year's year-to-date sales of 268.
The median sales price in May was $239,450, up 14.0% from $210,000 in May of 2018 and up 2.1% from $234,500 last month. The average sales price in May was $242,139, up 13.1% from $214,098 in May of 2018 and up 1.3% from $238,998 last month. May 2019 ASP was at highest level compared to May of 2018 and 2017.
The total inventory of properties available for sale as of May was 102, up 2.0% from 100 last month and up 50.0% from 68 in May of last year. May 2019 Inventory was at highest level compared to May of 2018 and 2017.
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer's market, a downward trend a move towards more of a seller's market. The DOM for May was 29, down from 53 days last month and equal to 29 days in May of last year. The May 2019 DOM was at a mid range compared with May of 2018 and 2017.
Selling Price Per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The May 2019 selling price per square foot of $125 was up 3.3% from $121 last month and up 5.9% from $118 in May of last year.
Selling Price vs Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a buyer's market exists, a ratio at or above 100% indicates more of a seller's market. The May 2019 selling price vs list price of 98.9% was up from 98.6% last month and down from 100.0% in May of last year.