Lawyers Title Market Report
Queen Creek, AZ 85140
Single-Family Homes
Lawyers Title Arizona | www.LawyersTitleArizona.com | 602.257.2600
Queen Creek, AZ 85140
Mon Jun 21 2021
This week the median list price for Queen Creek, AZ 85140 is $548,500 with the market action index hovering around 72. This is less than last month's market action index of 79. Inventory has increased to 8.
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 recently plateaued. 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
| Median List Price | $548,500 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $231 | |
| Average Days on Market | 0 | |
| Median Days on Market | 0 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 8 | |
| Median Rent | $1,949 | |
| Market Action | 72 | |
| Strong Seller's Market | ||
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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 |
|---|---|---|---|---|---|---|---|---|
| $959,450 | 2,329 | - | 2 | 2 | 7 | 0 | 0 | 0 |
| $599,500 | 3,174 | - | 4 | 3 | 6 | 0 | 0 | 0 |
| $496,500 | 1,995 | - | 3 | 2 | 4 | 0 | 0 | 0 |
| $415,000 | 1,790 | - | 3 | 2 | 7 | 0 | 0 | 0 |