Arizona's Most Current Market Reports

San Tan Valley, AZ

Single-Family Homes

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San Tan Valley, AZ

Wed Oct 04 2023
This week the median list price for San Tan Valley, AZ is $439,000 with the market action index hovering around 61. This is less than last month's market action index of 62. Inventory has increased to 177. Click here to stay informed with the San Tan Valley market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Tan Valley, AZ

Wed Oct 04 2023
This week the median list price for San Tan Valley, AZ is $439,000 with the market action index hovering around 61. This is less than last month's market action index of 62. Inventory has increased to 177. Click here to stay informed with the San Tan Valley market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Tan Valley market.
Median List Price $439,000
Median Price of New Listings $415,000
Per Square Foot $222
Average Days on Market 52
Median Days on Market 28
Price Decreased 42%
Price Increased 6%
Relisted 3%
Inventory 177
Median Rent
Market Action 61
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
$699,999 2,943 0.25 - 0.5 acre 4 3 10 2 4 38
$469,445 2,267 6,500 - 8,000 sqft 4 3 4 6 5 28
$410,000 1,890 4,500 - 6,500 sqft 3 2 17 6 7 21
$379,000 1,623 4,500 - 6,500 sqft 3 2 18 9 13 21