First Integrity Title Market Report

Oro Valley, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Oro Valley, AZ

Mon Dec 02 2024
This week the median list price for Oro Valley, AZ is $400,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has increased to 24. 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

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Oro Valley, AZ

Mon Dec 02 2024
This week the median list price for Oro Valley, AZ is $400,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has increased to 24. 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

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Oro Valley market.
Median List Price $400,000
Median Price of New Listings $397,400
Per Square Foot $278
Average Days on Market 83
Median Days on Market 56
Price Decreased 33%
Price Increased 4%
Relisted 8%
Inventory 24
Median Rent
Market Action 33
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
$497,000 1,791 0 - 4,500 sqft 2 2 18 1 2 63
$425,000 1,555 0 - 4,500 sqft 2 2 24 2 1 31
$384,500 1,170 0 - 4,500 sqft 2 2 26 1 1 70
$331,500 1,293 0 - 4,500 sqft 2 2 28 2 2 24