Laveen Homes

An In-Depth Look at the Laveen Homes Market

The single-family home market in Laveen, as of May 5, 2025, demonstrates a blend of increasing inventory and fluctuating price trends that potential buyers and sellers should consider.

• Over the past month, the number of active listings climbed to 267, showcasing a substantial increase from 203 just three months ago. This surge in inventory raises the months of inventory to 4.4, indicating that the market leans toward a slightly more buyer-friendly environment. With more options available, buyers can leverage this situation to seek better deals.
• Simultaneously, the competitive landscape appears to be moderating, as the average sold price has declined to $484,499. This is notable compared to the average of $512,814 three months prior, suggesting a shift in pricing strategies as sellers might be adjusting their expectations in response to rising inventory.
• Notably, sold listings took an average of 74 days to close, with DOM remaining relatively stable, suggesting that properties are still selling at a consistent pace despite price adjustments. Comparatively, the 60-day mark established before indicates that while homes are not moving significantly faster, they are still garnering attention in the marketplace.
• When evaluating the average price per square foot for sold properties, we find it at $232, which, when juxtaposed with the $239 average for active listings, suggests that prices may need further adjustments as listings transition from active to sold status.
• Sellers should be strategic about timing and pricing, gradually reducing expectations if inventory levels keep expanding. For buyers, the current dynamics present an advantageous moment to negotiate offers, particularly on homes that have been on the market longer. Understanding these trends can better position both buyers and sellers in this evolving market landscape.