First Integrity Title Market Report
Oro Valley, AZ
Condos/Townhomes
www.FirstIntegrityTitle.com | 303.837.9171
Oro Valley, AZ
Wed Mar 03 2021
This week the median list price for Oro Valley, AZ is $257,000 with the market action index hovering around 50. This is less than last month's market action index of 51. Inventory has held steady at or around 9.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $257,000 | |
| Per Square Foot | $194 | |
| Days on Market | 14 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 33% | |
| Inventory | 9 | |
| Median Rent | $1,422 | |
| Most Expensive | $440,000 | |
| Least Expensive | $205,900 | |
| Market Action | 50 | |
| Strong Seller's Market | ||
The market seems to have paused around this plateau. This week prices eased down a bit.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 |
|---|---|---|---|---|---|---|---|---|
| $432,500 | 1,834 | 0 - 4,500 sqft | 2 | 2 | 19 | 0 | 0 | 14 |
| $330,000 | 1,426 | 4,500 - 6,500 sqft | 2 | 2 | 27 | 1 | 0 | 10 |
| $253,250 | 1,368 | 0 - 4,500 sqft | 2 | 2 | 23 | 0 | 1 | 2985 |
| $218,900 | 1,344 | 0 - 4,500 sqft | 2 | 2 | 42 | 1 | 0 | 7 |