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

Fri May 27 2022
This week the median list price for San Tan Valley, AZ is $499,700 with the market action index hovering around 90. This is less than last month's market action index of 94. Inventory has increased to 140. 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 started cooling and prices have been flat for several weeks. Since 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

Fri May 27 2022
This week the median list price for San Tan Valley, AZ is $499,700 with the market action index hovering around 90. This is less than last month's market action index of 94. Inventory has increased to 140. 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 started cooling and prices have been flat for several weeks. Since 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 $499,700
Median Price of New Listings $485,000
Per Square Foot $241
Average Days on Market 17
Median Days on Market 7
Price Decreased 31%
Price Increased 1%
Relisted 1%
Inventory 140
Median Rent
Market Action 90
Strong Seller's Market

Prices appear to be hovering around their high point. Look for a persistent down-shift 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
$634,000 2,770 8,000 - 10,000 sqft 4 3 7 7 6 14
$524,900 2,325 4,500 - 6,500 sqft 4 2.5 16 16 9 7
$475,000 2,109 4,500 - 6,500 sqft 4 2 16 14 10 7
$434,000 1,629 4,500 - 6,500 sqft 3 2 17 17 13 7