Clear Title Agency of Arizona

Apache Junction, AZ 85119

Single-Family Homes

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Apache Junction, AZ 85119

Fri Jan 21 2022
This week the median list price for Apache Junction, AZ 85119 is $499,900 with the market action index hovering around 66. This is an increase over last month's market action index of 64. Inventory has decreased to 15. Click here to stay informed with the Apache Junction market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Apache Junction, AZ 85119

Fri Jan 21 2022
This week the median list price for Apache Junction, AZ 85119 is $499,900 with the market action index hovering around 66. This is an increase over last month's market action index of 64. Inventory has decreased to 15. Click here to stay informed with the Apache Junction market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Apache Junction market.
Median List Price $499,900
Median Price of New Listings $550,000
Per Square Foot $300
Average Days on Market 70
Median Days on Market 56
Price Decreased 40%
Price Increased 0%
Relisted 0%
Inventory 15
Median Rent $1,893
Market Action 66
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$970,000 3,130 1 - 2.5 acres 3 3 21 0 0 126
$634,450 1,935 1 - 2.5 acres 3 2.5 27 3 0 0
$413,000 1,607 0.5 - 1 acre 3 2 34 0 1 70
$330,500 1,088 0.5 - 1 acre 2 1.5 42 2 1 28