First Integrity Title Market Report

Vail, AZ

Single-Family Homes

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Vail, AZ

Tue May 28 2024
This week the median list price for Vail, AZ is $423,500 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 261. Click here to stay informed with the Vail market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Vail, AZ

Tue May 28 2024
This week the median list price for Vail, AZ is $423,500 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 261. Click here to stay informed with the Vail market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Vail market.
Median List Price $423,500
Median Price of New Listings $423,995
Per Square Foot $216
Average Days on Market 95
Median Days on Market 56
Price Decreased 51%
Price Increased 18%
Relisted 7%
Inventory 261
Median Rent
Market Action 32
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change 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
$625,000 2,749 0.5 - 1 acre 4 3 2 3 4 70
$449,990 2,228 6,500 - 8,000 sqft 4 3 1 8 6 49
$395,000 1,823 4,500 - 6,500 sqft 4 2 1 6 8 49
$344,450 1,525 4,500 - 6,500 sqft 3 2 1 5 7 66