First Integrity Title Market Report

Sun City, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Sun City, AZ

Wed May 22 2024
This week the median list price for Sun City, AZ is $235,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has decreased to 156. 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.

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.

Sun City, AZ

Wed May 22 2024
This week the median list price for Sun City, AZ is $235,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has decreased to 156. 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.

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 Sun City market.
Median List Price $235,000
Median Price of New Listings $240,000
Per Square Foot $192
Average Days on Market 80
Median Days on Market 56
Price Decreased 58%
Price Increased 1%
Relisted 10%
Inventory 156
Median Rent
Market Action 39
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
$315,000 1,683 0 - 4,500 sqft 2 2 53 2 0 70
$258,000 1,306 0 - 4,500 sqft 2 2 53 4 3 42
$227,000 1,224 0 - 4,500 sqft 2 2 52 1 2 56
$188,800 929 0 - 4,500 sqft 1 1 52 4 7 56