First Integrity Title Market Report
Vail, AZ
Condos/Townhomes
www.FirstIntegrityTitle.com | 303.837.9171
Vail, AZ
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.
Real-Time Market Profile
| Median List Price | ||
| Per Square Foot | ||
| Days on Market | ||
| Price Decreased | ||
| Price Increased | ||
| Relisted | ||
| Inventory | ||
| Median Rent | $1,100 | |
| Most Expensive | ||
| Least Expensive | ||
| Market Action | ||
Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.