First Integrity Title Market Report

Marana, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Marana, AZ

Mon Jun 05 2023
This week the median list price for Marana, AZ is $378,500 with the market action index hovering around 20. This is less than last month's market action index of 23. Inventory has increased to 4. 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 Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Marana, AZ

Mon Jun 05 2023
This week the median list price for Marana, AZ is $378,500 with the market action index hovering around 20. This is less than last month's market action index of 23. Inventory has increased to 4. 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 Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Marana market.
Median List Price $378,500
Median Price of New Listings $0
Per Square Foot $249
Average Days on Market 35
Median Days on Market 28
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 20
Slight Buyer's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$455,000 1,490 4,500 - 6,500 sqft 2 2 25 0 1 14
$379,000 1,679 4,500 - 6,500 sqft 2 2 26 0 0 70
$378,000 1,377 4,500 - 6,500 sqft 2 2 26 0 0 14
$354,000 1,605 4,500 - 6,500 sqft 2 2 26 0 0 42