First Integrity Title Market Report

Marana, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Marana, AZ

Fri Dec 01 2023
This week the median list price for Marana, AZ is $467,990 with the market action index hovering around 33. This is less than last month's market action index of 35. Inventory has increased to 235. Click here to stay informed with the Marana market!

Market Action Index

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

Slight Seller's Advantage

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.

Marana, AZ

Fri Dec 01 2023
This week the median list price for Marana, AZ is $467,990 with the market action index hovering around 33. This is less than last month's market action index of 35. Inventory has increased to 235. Click here to stay informed with the Marana market!

Market Action Index

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

Slight Seller's Advantage

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 Marana market.
Median List Price $467,990
Median Price of New Listings $439,000
Per Square Foot $232
Average Days on Market 90
Median Days on Market 56
Price Decreased 46%
Price Increased 17%
Relisted 13%
Inventory 235
Median Rent
Market Action 33
Slight Seller's Advantage

The market is 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
$994,375 3,017 0.25 - 0.5 acre 4 4 5 3 2 70
$525,000 2,271 6,500 - 8,000 sqft 3 3 8 4 6 49
$439,900 2,051 6,500 - 8,000 sqft 4 3 1 4 4 56
$365,000 1,776 6,500 - 8,000 sqft 3 2 3 10 6 49