First Integrity Title Market Report

Waddell, AZ

Single-Family Homes

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Waddell, AZ

Fri Mar 31 2023
This week the median list price for Waddell, AZ is $569,000 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has decreased to 45. Click here to stay informed with the Waddell market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Waddell, AZ

Fri Mar 31 2023
This week the median list price for Waddell, AZ is $569,000 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has decreased to 45. Click here to stay informed with the Waddell market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Waddell market.
Median List Price $569,000
Median Price of New Listings $478,480
Per Square Foot $232
Average Days on Market 82
Median Days on Market 42
Price Decreased 47%
Price Increased 13%
Relisted 7%
Inventory 45
Median Rent
Market Action 43
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$985,000 3,750 1 - 2.5 acres 4 3.5 21 0 1 63
$695,000 2,840 1 - 2.5 acres 4 3 4 2 0 42
$478,480 2,524 6,500 - 8,000 sqft 4 2.5 9 1 2 56
$412,195 1,818 4,500 - 6,500 sqft 4 2 4 2 3 24