Fri Apr 23 2021
This week the median list price for Gila Bend, AZ is $77,000 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has held steady at or around 2.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$77,000|
|Per Square Foot||$63|
|Days on Market||186|
|Slight Buyer's Advantage|
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$77,000||1,434||0.5 - 1 acre||2||2||68||0||0||185|
|$85,000||924||0 - 4,500 sqft||2||2||81||0||0||112|
|$69,000||1,944||1 - 2.5 acres||3||2||56||0||0||259|