Lawyers Title Market Report

Apache Junction, AZ 85120

Single-Family Homes

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Apache Junction, AZ 85120

Mon Jun 21 2021
This week the median list price for Apache Junction, AZ 85120 is $359,250 with the market action index hovering around 79. This is an increase over last month's market action index of 78. Inventory has increased to 18. 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

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.

Apache Junction, AZ 85120

Mon Jun 21 2021
This week the median list price for Apache Junction, AZ 85120 is $359,250 with the market action index hovering around 79. This is an increase over last month's market action index of 78. Inventory has increased to 18. 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

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 Apache Junction market.
Median List Price $359,250
Median Price of New Listings $359,000
Per Square Foot $237
Average Days on Market 33
Median Days on Market 25
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 18
Median Rent $2,065
Market Action 79
Strong Seller's Market

We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$724,000 2,958 1 - 2.5 acres 4 3 25 0 0 24
$394,950 1,945 0.5 - 1 acre 3 2 30 1 1 24
$349,000 1,408 4,500 - 6,500 sqft 3 2 22 3 3 14
$189,000 1,106 0.5 - 1 acre 1 1 49 0 0 35