First Integrity Title Market Report

Kearny, AZ

Single-Family Homes

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Kearny, AZ

Tue May 28 2024
This week the median list price for Kearny, AZ is $187,100 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has decreased to 9. 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.

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.

Kearny, AZ

Tue May 28 2024
This week the median list price for Kearny, AZ is $187,100 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has decreased to 9. 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.

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 Kearny market.
Median List Price $187,100
Median Price of New Listings $0
Per Square Foot $113
Average Days on Market 103
Median Days on Market 70
Price Decreased 56%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent
Market Action 32
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
$234,900 1,346 0.25 - 0.5 acre 3 2 61 0 0 42
$189,900 1,683 6,500 - 8,000 sqft 3 2 65 0 0 157
$183,500 1,386 6,500 - 8,000 sqft 3 2 55 0 0 52
$150,000 1,429 6,500 - 8,000 sqft 3 2 64 0 0 154