First Integrity Title Market Report

Gila Bend, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372


Current active inventory in Gila Bend, AZ is very low. Keep this in mind when looking at this report.

Gila Bend, AZ

Mon Oct 21 2024
This week the median list price for Gila Bend, AZ is $172,450 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 2. Click here to stay informed with the Gila Bend market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Gila Bend, AZ

Mon Oct 21 2024
This week the median list price for Gila Bend, AZ is $172,450 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 2. Click here to stay informed with the Gila Bend market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Gila Bend market.
Median List Price $172,450
Median Price of New Listings $0
Per Square Foot $202
Average Days on Market 161
Median Days on Market 161
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 31
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$209,900 1,304 4,500 - 6,500 sqft 3 2 66 0 0 119
$135,000 550 6,500 - 8,000 sqft 1 1 20 0 0 203