Pango Group

Fountain Hills, AZ

Single-Family Homes

www.pangogroup.com



Fountain Hills, AZ

Sun Mar 03 2024
This week the median list price for Fountain Hills, AZ is $1,187,500 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has held steady at or around 108. 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

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 and prices have been moving upward as evidence.

Fountain Hills, AZ

Sun Mar 03 2024
This week the median list price for Fountain Hills, AZ is $1,187,500 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has held steady at or around 108. 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

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 and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $1,187,500
Median Price of New Listings $884,450
Per Square Foot $393
Average Days on Market 96
Median Days on Market 70
Price Decreased 51%
Price Increased 0%
Relisted 9%
Inventory 108
Median Rent
Market Action 37
Slight Seller's Advantage

Price trends continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here.

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
$2,549,000 4,500 0.5 - 1 acre 4 5 15 0 1 119
$1,564,995 3,728 0.25 - 0.5 acre 4 4 23 3 1 70
$950,000 2,708 0.25 - 0.5 acre 4 3 30 5 3 35
$670,000 1,778 0.25 - 0.5 acre 3 2 38 6 4 49