First Integrity Title Market Report

Sun City, AZ

Single-Family Homes

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Sun City, AZ

Wed Oct 04 2023
This week the median list price for Sun City, AZ is $379,900 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has increased to 129. Click here to stay informed with the Sun City 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.

Sun City, AZ

Wed Oct 04 2023
This week the median list price for Sun City, AZ is $379,900 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has increased to 129. Click here to stay informed with the Sun City 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 Sun City market.
Median List Price $379,900
Median Price of New Listings $374,000
Per Square Foot $231
Average Days on Market 66
Median Days on Market 35
Price Decreased 41%
Price Increased 3%
Relisted 5%
Inventory 129
Median Rent
Market Action 53
Strong Seller's Market

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
$505,750 2,138 8,000 - 10,000 sqft 3 2 46 6 1 35
$415,500 1,827 8,000 - 10,000 sqft 3 2 49 7 2 31
$361,250 1,605 8,000 - 10,000 sqft 2 2 51 8 6 35
$299,900 1,266 6,500 - 8,000 sqft 2 2 54 7 4 35