First Integrity Title Market Report

Oro Valley, AZ

Single-Family Homes

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Oro Valley, AZ

Tue May 28 2024
This week the median list price for Oro Valley, AZ is $560,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has increased to 165. Click here to stay informed with the Oro Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

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.

Oro Valley, AZ

Tue May 28 2024
This week the median list price for Oro Valley, AZ is $560,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has increased to 165. Click here to stay informed with the Oro Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

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 Oro Valley market.
Median List Price $560,000
Median Price of New Listings $495,000
Per Square Foot $260
Average Days on Market 89
Median Days on Market 63
Price Decreased 59%
Price Increased 1%
Relisted 10%
Inventory 165
Median Rent
Market Action 40
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,150,000 3,403 0.5 - 1 acre 4 4 12 2 7 84
$669,000 2,630 8,000 - 10,000 sqft 4 3 25 3 2 35
$510,000 2,050 6,500 - 8,000 sqft 3 2 24 3 6 56
$412,500 1,726 6,500 - 8,000 sqft 2 2 28 5 6 63