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Sun City, AZ 85373

Single-Family Homes

Here is your weekly Market Update!



Sun City, AZ 85373

Wed Dec 11 2024
This week the median list price for Sun City, AZ 85373 is $404,500 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has increased to 96. Click here to stay informed with the Sun City market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Sun City, AZ 85373

Wed Dec 11 2024
This week the median list price for Sun City, AZ 85373 is $404,500 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has increased to 96. Click here to stay informed with the Sun City market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Sun City market.
Median List Price $404,500
Median Price of New Listings $432,450
Per Square Foot $223
Average Days on Market 90
Median Days on Market 60
Price Decreased 54%
Price Increased 7%
Relisted 7%
Inventory 96
Median Rent
Market Action 37
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$532,500 2,246 6,500 - 8,000 sqft 3 2 25 4 4 80
$420,000 1,795 8,000 - 10,000 sqft 3 2 46 5 1 42
$380,000 1,827 8,000 - 10,000 sqft 2 2 47 2 2 31
$297,000 1,355 8,000 - 10,000 sqft 2 2 47 1 1 87