First Integrity Title Market Report

Marana, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Marana, AZ

Sun May 26 2024
This week the median list price for Marana, AZ is $485,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has decreased to 275. 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

Sun May 26 2024
This week the median list price for Marana, AZ is $485,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has decreased to 275. 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 $485,000
Median Price of New Listings $420,900
Per Square Foot $245
Average Days on Market 83
Median Days on Market 56
Price Decreased 55%
Price Increased 13%
Relisted 8%
Inventory 275
Median Rent
Market Action 36
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
$993,574 3,078 0.25 - 0.5 acre 4 4 3 3 3 84
$559,900 2,338 6,500 - 8,000 sqft 3 3 6 6 7 49
$438,900 2,080 6,500 - 8,000 sqft 4 2 2 5 8 56
$370,000 1,620 4,500 - 6,500 sqft 3 2 2 9 12 49