First Integrity Title Market Report

Oro Valley, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Oro Valley, AZ

Fri Jul 26 2024
This week the median list price for Oro Valley, AZ is $365,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has increased to 13. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Oro Valley, AZ

Fri Jul 26 2024
This week the median list price for Oro Valley, AZ is $365,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has increased to 13. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Oro Valley market.
Median List Price $365,000
Median Price of New Listings $0
Per Square Foot $236
Average Days on Market 177
Median Days on Market 77
Price Decreased 23%
Price Increased 0%
Relisted 23%
Inventory 13
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$585,000 1,993 0 - 4,500 sqft 3 2 24 0 0 315
$405,000 1,487 0 - 4,500 sqft 2 2 25 0 2 238
$355,000 1,651 0 - 4,500 sqft 2 2 25 0 1 77
$301,750 1,396 0 - 4,500 sqft 2 1.5 27 0 1 35