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

Tue Jul 16 2024
This week the median list price for Gila Bend, AZ is $224,900 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 3. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Gila Bend, AZ

Tue Jul 16 2024
This week the median list price for Gila Bend, AZ is $224,900 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 3. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Gila Bend market.
Median List Price $224,900
Median Price of New Listings $0
Per Square Foot $176
Average Days on Market 100
Median Days on Market 105
Price Decreased 67%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 47
Strong Seller's Market

Despite this week’s down tic, price trends have been moving up in the last few weeks. We are below the market’s high point. 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
$260,000 1,474 0.25 - 0.5 acre 3 2 26 0 0 175
$224,900 1,304 4,500 - 6,500 sqft 3 2 66 0 0 21
$135,000 550 6,500 - 8,000 sqft 1 1 20 0 0 105