First American Title Market Report

San Tan Valley, AZ

Single-Family Homes



San Tan Valley, AZ

Thu Sep 21 2023
This week the median list price for San Tan Valley, AZ is $439,000 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has increased to 173. 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

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.

San Tan Valley, AZ

Thu Sep 21 2023
This week the median list price for San Tan Valley, AZ is $439,000 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has increased to 173. 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

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 San Tan Valley market.
Median List Price $439,000
Median Price of New Listings $425,000
Per Square Foot $225
Average Days on Market 46
Median Days on Market 21
Price Decreased 41%
Price Increased 6%
Relisted 2%
Inventory 173
Median Rent
Market Action 62
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
$699,900 2,923 8,000 - 10,000 sqft 4 3 9 8 7 28
$475,000 2,213 6,500 - 8,000 sqft 4 3 4 5 12 21
$415,000 1,840 4,500 - 6,500 sqft 4 2 16 8 5 21
$373,000 1,613 4,500 - 6,500 sqft 3 2 18 10 8 14