First Integrity Title Market Report
San Tan Valley, AZ
Single-Family Homes
www.FirstIntegrityTitle.com | 303.837.9171
San Tan Valley, AZ
Wed Mar 03 2021
This week the median list price for San Tan Valley, AZ is $369,950 with the market action index hovering around 98. This is an increase over last month's market action index of 97. Inventory has held steady at or around 46.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
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
| Median List Price | $369,950 | |
| Per Square Foot | $187 | |
| Days on Market | 0 | |
| Price Decreased | 9% | |
| Price Increased | 9% | |
| Relisted | 0% | |
| Inventory | 46 | |
| Median Rent | $1,915 | |
| Most Expensive | $1,100,000 | |
| Least Expensive | $199,900 | |
| Market Action | 98 | |
| Strong Seller's Market | ||
The market appears to be hovering around this plateau. Look for a persistent change 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 |
|---|---|---|---|---|---|---|---|---|
| $500,000 | 2,584 | 1 - 2.5 acres | 4 | 3 | 12 | 2 | 2 | 14 |
| $389,900 | 2,270 | 6,500 - 8,000 sqft | 4 | 2 | 9 | 5 | 6 | 7 |
| $359,450 | 1,972 | 4,500 - 6,500 sqft | 3 | 2 | 15 | 9 | 7 | 0 |
| $277,500 | 1,566 | 0 - 4,500 sqft | 3 | 2 | 15 | 10 | 10 | 0 |