Clear Title Agency of Arizona

Fountain Hills, AZ

Single-Family Homes

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Fountain Hills, AZ

Sun Jan 29 2023
This week the median list price for Fountain Hills, AZ is $899,200 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 90. 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.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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.

Fountain Hills, AZ

Sun Jan 29 2023
This week the median list price for Fountain Hills, AZ is $899,200 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 90. 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.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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 Fountain Hills market.
Median List Price $899,200
Median Price of New Listings $719,943
Per Square Foot $344
Average Days on Market 108
Median Days on Market 77
Price Decreased 41%
Price Increased 1%
Relisted 10%
Inventory 90
Median Rent
Market Action 35
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$2,045,000 4,870 0.5 - 1 acre 5 4.5 16 1 2 112
$1,172,000 3,272 0.5 - 1 acre 4 3.5 26 1 4 70
$800,000 2,614 0.25 - 0.5 acre 4 2.5 36 2 4 63
$635,000 1,956 0.25 - 0.5 acre 3 2 31 6 4 77