First Integrity Title Market Report

San Tan Valley, AZ

Single-Family Homes

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San Tan Valley, AZ

Sun Dec 10 2023
This week the median list price for San Tan Valley, AZ is $445,000 with the market action index hovering around 50. This is less than last month's market action index of 53. Inventory has decreased to 227. Click here to stay informed with the San Tan Valley market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Tan Valley, AZ

Sun Dec 10 2023
This week the median list price for San Tan Valley, AZ is $445,000 with the market action index hovering around 50. This is less than last month's market action index of 53. Inventory has decreased to 227. Click here to stay informed with the San Tan Valley market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 San Tan Valley market.
Median List Price $445,000
Median Price of New Listings $422,499
Per Square Foot $223
Average Days on Market 58
Median Days on Market 42
Price Decreased 53%
Price Increased 4%
Relisted 4%
Inventory 227
Median Rent
Market Action 50
Strong Seller's Market

The market is 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
$699,961 2,644 8,000 - 10,000 sqft 4 3 9 6 8 35
$473,900 2,389 6,500 - 8,000 sqft 4 3 13 4 7 42
$417,000 1,919 4,500 - 6,500 sqft 4 2 17 7 10 42
$370,000 1,584 4,500 - 6,500 sqft 3 2 17 9 9 35