First Integrity Title Market Report

San Tan Valley, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



San Tan Valley, AZ

Wed May 22 2024
This week the median list price for San Tan Valley, AZ is $450,990 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 521. 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.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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

Wed May 22 2024
This week the median list price for San Tan Valley, AZ is $450,990 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 521. 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.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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 $450,990
Median Price of New Listings $441,000
Per Square Foot $233
Average Days on Market 45
Median Days on Market 35
Price Decreased 42%
Price Increased 10%
Relisted 5%
Inventory 521
Median Rent
Market Action 43
Slight Seller's Advantage

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
$736,911 2,884 0.25 - 0.5 acre 4 3 3 8 13 56
$493,490 2,229 4,500 - 6,500 sqft 4 3 2 20 13 28
$425,000 1,910 4,500 - 6,500 sqft 4 2 16 19 13 28
$370,000 1,570 4,500 - 6,500 sqft 3 2 18 21 11 35