First Integrity Title Market Report

Kearny, AZ

Single-Family Homes

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Kearny, AZ

Mon Dec 04 2023
This week the median list price for Kearny, AZ is $159,999 with the market action index hovering around 46. This is an increase over last month's market action index of 39. Inventory has increased to 5. Click here to stay informed with the Kearny market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Kearny, AZ

Mon Dec 04 2023
This week the median list price for Kearny, AZ is $159,999 with the market action index hovering around 46. This is an increase over last month's market action index of 39. Inventory has increased to 5. Click here to stay informed with the Kearny market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Kearny market.
Median List Price $159,999
Median Price of New Listings $200,000
Per Square Foot $158
Average Days on Market 45
Median Days on Market 56
Price Decreased 40%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent
Market Action 46
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. 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
$200,000 988 0.5 - 1 acre 3 1 63 1 0 56
$164,900 1,040 6,500 - 8,000 sqft 3 2 50 0 0 70
$159,999 1,757 6,500 - 8,000 sqft 3 2 64 0 0 70
$152,400 1,171 6,500 - 8,000 sqft 2 1 58 0 0 14