Great American Title Agency

Fountain Hills, AZ

Single-Family Homes

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Fountain Hills, AZ

Thu Dec 26 2024
This week the median list price for Fountain Hills, AZ is $916,900 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased to 109. 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

Market Narrative

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.

Fountain Hills, AZ

Thu Dec 26 2024
This week the median list price for Fountain Hills, AZ is $916,900 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased to 109. 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

Market Narrative

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 Fountain Hills market.
Median List Price $916,900
Median Price of New Listings $1,100,000
Per Square Foot $386
Average Days on Market 113
Median Days on Market 70
Price Decreased 42%
Price Increased 3%
Relisted 2%
Inventory 109
Median Rent
Market Action 33
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
$2,490,000 4,358 0.5 - 1 acre 4 5 9 1 2 84
$1,175,000 2,794 0.25 - 0.5 acre 4 3 31 2 4 56
$850,000 2,371 0.25 - 0.5 acre 3 3 32 0 2 63
$622,950 1,698 6,500 - 8,000 sqft 3 2 37 2 2 56