Clear Title Agency of Arizona

San Tan Valley, AZ

Single-Family Homes

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San Tan Valley, AZ

Thu Jan 20 2022
This week the median list price for San Tan Valley, AZ is $471,000 with the market action index hovering around 68. This is less than last month's market action index of 74. Inventory has decreased to 136. 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

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

Thu Jan 20 2022
This week the median list price for San Tan Valley, AZ is $471,000 with the market action index hovering around 68. This is less than last month's market action index of 74. Inventory has decreased to 136. 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

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 $471,000
Median Price of New Listings $462,180
Per Square Foot $220
Average Days on Market 45
Median Days on Market 35
Price Decreased 25%
Price Increased 4%
Relisted 6%
Inventory 136
Median Rent $2,103
Market Action 68
Strong Seller's Market

Prices appear to be hovering around their high point. Look for a persistent down-shift 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
$630,950 2,997 4,500 - 6,500 sqft 4 3 15 5 4 45
$491,703 2,319 6,500 - 8,000 sqft 4 2.5 16 8 6 24
$449,500 2,063 4,500 - 6,500 sqft 4 2 16 5 11 42
$400,000 1,631 4,500 - 6,500 sqft 3 2 17 11 19 21