Litchfield Park, AZ
Housing market overview · Updated weekly
$635,000median sale price
Homes sold
7
Last 12 weeks
Days on market
91
Average pace
Active listings
53
7.6 months supply
Sale-to-list
97.1%
Below asking
The Litchfield Park housing market is currently classified as a buyer's market with a median sale price of $635,000. Prices have fallen 29.4% compared to last year, with homes spending an average of 91 days on market, indicating 7.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Litchfield Park?
The median home sale price in Litchfield Park is $635,000, down 29.4% from last year.
How long do homes stay on market in Litchfield Park?
Homes typically spend 91 days on market before going under contract.
Is Litchfield Park a buyer's or seller's market?
With 7.6 months of supply, Litchfield Park is currently a buyer's market.
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