First Arizona Title's Market Report

San Tan Valley, AZ

Single-Family Homes

First Arizona Title Agency | (480) 385-6500 | www.FirstAZTitle.com



San Tan Valley, AZ

Sat Nov 27 2021
This week the median list price for San Tan Valley, AZ is $449,900 with the market action index hovering around 80. This is less than last month's market action index of 83. Inventory has increased to 177. Click here to stay informed with the San Tan Valley market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Tan Valley, AZ

Sat Nov 27 2021
This week the median list price for San Tan Valley, AZ is $449,900 with the market action index hovering around 80. This is less than last month's market action index of 83. Inventory has increased to 177. Click here to stay informed with the San Tan Valley market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Tan Valley market.
Median List Price $449,900
Median Price of New Listings $446,000
Per Square Foot $222
Average Days on Market 26
Median Days on Market 14
Price Decreased 26%
Price Increased 3%
Relisted 3%
Inventory 177
Median Rent $2,025
Market Action 80
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$614,500 2,981 6,500 - 8,000 sqft 4 3 15 15 8 14
$479,950 2,343 4,500 - 6,500 sqft 4 2.5 13 9 9 14
$429,422 1,952 4,500 - 6,500 sqft 4 2 16 8 7 14
$389,000 1,630 4,500 - 6,500 sqft 3 2 16 17 16 7