Clear Title Agency of Arizona

Fountain Hills, AZ

Single-Family Homes

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Fountain Hills, AZ

Thu Jan 20 2022
This week the median list price for Fountain Hills, AZ is $957,000 with the market action index hovering around 65. This is about the same as last month's market action index of 65. Inventory has increased to 33. Click here to stay informed with the Fountain Hills 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 has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Fountain Hills, AZ

Thu Jan 20 2022
This week the median list price for Fountain Hills, AZ is $957,000 with the market action index hovering around 65. This is about the same as last month's market action index of 65. Inventory has increased to 33. Click here to stay informed with the Fountain Hills 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 has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $957,000
Median Price of New Listings $692,000
Per Square Foot $383
Average Days on Market 71
Median Days on Market 35
Price Decreased 27%
Price Increased 12%
Relisted 3%
Inventory 33
Median Rent $4,000
Market Action 65
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. 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
$2,894,500 5,892 1 - 2.5 acres 5 5 13 0 0 150
$1,562,500 4,070 0.5 - 1 acre 3 3.5 21 3 0 28
$851,999 2,867 0.5 - 1 acre 3 3 26 1 3 42
$614,900 1,615 0.25 - 0.5 acre 3 2 36 4 4 14