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

Wed Feb 21 2024
This week the median list price for Gila Bend, AZ is $375,000 with the market action index hovering around 42. This is an increase over last month's market action index of 36. Inventory has decreased to 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.

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Gila Bend, AZ

Wed Feb 21 2024
This week the median list price for Gila Bend, AZ is $375,000 with the market action index hovering around 42. This is an increase over last month's market action index of 36. Inventory has decreased to 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.

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Gila Bend market.
Median List Price $375,000
Median Price of New Listings $297,500
Per Square Foot $164
Average Days on Market 177
Median Days on Market 217
Price Decreased 67%
Price Increased 0%
Relisted 33%
Inventory 3
Median Rent
Market Action 42
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
$445,000 2,700 1 - 2.5 acres 6 4 108 0 0 217
$375,000 1,124 N/A 1 2 25 1 0 315
$220,000 1,392 8,000 - 10,000 sqft 4 2 68 1 0 0