The First American Title Market Report

Queen Creek, AZ

Single-Family Homes

Arizona Direct Operations



Queen Creek, AZ

Tue Oct 20 2020
This week the median list price for Queen Creek, AZ is $524,900 with the market action index hovering around 53. This is an increase over last month's market action index of 51. Inventory has held steady at or around 164. Click here to stay informed with the Queen Creek market!

Market Action Index

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

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Queen Creek, AZ

Tue Oct 20 2020
This week the median list price for Queen Creek, AZ is $524,900 with the market action index hovering around 53. This is an increase over last month's market action index of 51. Inventory has held steady at or around 164. Click here to stay informed with the Queen Creek market!

Market Action Index

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

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Queen Creek market.
Median List Price $524,900
Per Square Foot $206
Days on Market 71
Price Decreased 23%
Price Increased 28%
Relisted 5%
Inventory 164
Median Rent $1,800
Most Expensive $2,599,000
Least Expensive $285,000
Market Action 53
Strong Seller's Market

Prices appear to be hovering around their high point. Look for a persistent down-shift 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
$899,000 3,762 0.5 - 1 acre 4 3 6 4 2 118
$577,990 2,930 0.25 - 0.5 acre 4 3 0 9 7 75
$475,990 2,331 8,000 - 10,000 sqft 4 2 0 10 6 59
$369,000 2,037 0 - 4,500 sqft 3 2 10 18 9 31