First Integrity Title Market Report

Marana, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Current active inventory in Marana, AZ is very low. Keep this in mind when looking at this report.

Marana, AZ

Mon Dec 11 2023
This week the median list price for Marana, AZ is $445,000 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has increased to 3. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Marana, AZ

Mon Dec 11 2023
This week the median list price for Marana, AZ is $445,000 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has increased to 3. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Marana market.
Median List Price $445,000
Median Price of New Listings $0
Per Square Foot $308
Average Days on Market 44
Median Days on Market 28
Price Decreased 67%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 18
Slight Buyer's Advantage

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$875,000 2,751 - 3 4 18 0 0 28
$445,000 1,605 4,500 - 6,500 sqft 2 2 26 0 0 98
$425,000 1,377 0 - 4,500 sqft 2 2 25 0 0 7