First American Title Market Report

San Tan Valley, AZ

Single-Family Homes



San Tan Valley, AZ

Fri Jun 21 2024
This week the median list price for San Tan Valley, AZ is $459,945 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 528. 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.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Fri Jun 21 2024
This week the median list price for San Tan Valley, AZ is $459,945 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 528. 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.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $459,945
Median Price of New Listings $494,245
Per Square Foot $230
Average Days on Market 50
Median Days on Market 35
Price Decreased 50%
Price Increased 9%
Relisted 4%
Inventory 528
Median Rent
Market Action 41
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
$734,290 2,819 0.25 - 0.5 acre 4 3 3 15 6 45
$499,992 2,337 4,500 - 6,500 sqft 4 3 4 21 12 35
$427,240 2,001 4,500 - 6,500 sqft 4 2 10 11 13 35
$373,870 1,589 4,500 - 6,500 sqft 3 2 18 11 19 35