Laveen Condos

Laveen Condos Market Highlights

As of Jul 10, 2025, the condo/townhome/patio home market in Laveen is exhibiting notable shifts that indicate changing dynamics.

• The average price of active listings has climbed to $455,072, reflecting a significant increase from $334,991 just three months ago.
• Currently, the number of active listings stands at 8, which remains consistent with previous months, suggesting a stable but competitive supply.
• Days on market (DOM) for active listings have decreased to 71 days, improving from 160 days three months ago, which indicates a quicker sales pace.
• This shift suggests a possibly favorable market for sellers, as shorter DOM typically correlates with increased buyer interest.

An In-Depth Look at the Laveen Condos Market

The condo/townhome/patio home market in Laveen, as of Jul 10, 2025, shows significant behavioral changes worth noting for prospective buyers and sellers. The current average price for active listings at $455,072 is a striking increase of approximately 36% from $334,991 three months ago. This surge might reflect heightened buyer demand or a market shift towards more premium offerings. Notably, the consistent count of 8 active listings implies that while demand is rising, supply has not fluctuated dramatically, keeping competition fairly contained.

In terms of days on market (DOM), an impressive decrease to 71 days from 160 days just three months ago paints a picture of a brisker market environment. The higher buyer activity, coupled with less time on the market, may prompt sellers to position their listings at higher price points, anticipating stronger offers.

Additionally, the current months of inventory is at approximately 3.3, which signals a fairly balanced market with supply meeting demand but still edging towards a seller's advantage. Historical comparisons show active listings at 12 six months ago and 7 twelve months ago, suggesting that while inventory has generally remained stable, the tightening numbers in active listings over the past year also align with the upward price trends.

Potential sellers in Laveen might find now an opportune time to list their properties, as the reduced DOM and increasing prices indicate favorable conditions for those looking to capitalize on the current market’s momentum. On the other hand, buyers may need to come prepared with competitive offers, as the rapid sales turnover could result in quick exhaustions of desirable listings. Understanding these dynamics provides a clearer contextual backdrop against which informed decisions can be made.