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Apache Junction, AZ 85120

Single-Family Homes

Here is your weekly Market Update!


Apache Junction, AZ 85120

Tue Oct 22 2024
This week the median list price for Apache Junction, AZ 85120 is $489,990 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has held steady at or around 95. Click here to stay informed with the Apache Junction market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Apache Junction, AZ 85120

Tue Oct 22 2024
This week the median list price for Apache Junction, AZ 85120 is $489,990 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has held steady at or around 95. Click here to stay informed with the Apache Junction market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Apache Junction market.
Median List Price $489,990
Median Price of New Listings $520,995
Per Square Foot $252
Average Days on Market 60
Median Days on Market 42
Price Decreased 63%
Price Increased 13%
Relisted 2%
Inventory 95
Median Rent
Market Action 37
Slight Seller's Advantage

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$661,990 2,833 8,000 - 10,000 sqft 4 4 0 1 1 63
$554,145 2,264 4,500 - 6,500 sqft 4 2 0 5 1 42
$435,495 1,806 4,500 - 6,500 sqft 3 2 2 1 5 42
$322,450 1,223 4,500 - 6,500 sqft 2 2 45 3 4 59