Lawyers Title Market Report

Sun City West, AZ

Single-Family Homes

Lawyers Title Arizona | www.LawyersTitleArizona.com | 602.257.2600



Sun City West, AZ

Mon Jun 21 2021
This week the median list price for Sun City West, AZ is $494,950 with the market action index hovering around 95. This is less than last month's market action index of 97. Inventory has decreased to 24. Click here to stay informed with the Sun City West market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Sun City West, AZ

Mon Jun 21 2021
This week the median list price for Sun City West, AZ is $494,950 with the market action index hovering around 95. This is less than last month's market action index of 97. Inventory has decreased to 24. Click here to stay informed with the Sun City West market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Sun City West market.
Median List Price $494,950
Median Price of New Listings $449,000
Per Square Foot $232
Average Days on Market 18
Median Days on Market 11
Price Decreased 21%
Price Increased 4%
Relisted 4%
Inventory 24
Median Rent $2,250
Market Action 95
Strong Seller's Market

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$672,000 2,784 0.25 - 0.5 acre 2 2 27 0 0 24
$555,000 2,281 8,000 - 10,000 sqft 3 2 25 2 1 10
$469,000 1,938 8,000 - 10,000 sqft 2 2 28 4 5 7
$352,000 1,683 8,000 - 10,000 sqft 2 2 32 4 6 3