First Integrity Title Market Report

Marana, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Marana, AZ

Fri Mar 29 2024
This week the median list price for Marana, AZ is $482,668 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has increased to 269. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Marana, AZ

Fri Mar 29 2024
This week the median list price for Marana, AZ is $482,668 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has increased to 269. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Marana market.
Median List Price $482,668
Median Price of New Listings $435,000
Per Square Foot $246
Average Days on Market 83
Median Days on Market 49
Price Decreased 52%
Price Increased 16%
Relisted 8%
Inventory 269
Median Rent
Market Action 35
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
$985,588 3,047 0.25 - 0.5 acre 4 4 4 2 2 56
$574,999 2,211 6,500 - 8,000 sqft 3 3 8 4 5 56
$444,827 2,013 6,500 - 8,000 sqft 4 2 1 4 7 42
$364,995 1,727 4,500 - 6,500 sqft 4 2 1 5 13 56