First Integrity Title Market Report

Oracle, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Oracle, AZ

Fri Apr 12 2024
This week the median list price for Oracle, AZ is $478,500 with the market action index hovering around 24. This is an increase over last month's market action index of 23. Inventory has decreased to 14. Click here to stay informed with the Oracle market!

Market Action Index

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

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Oracle, AZ

Fri Apr 12 2024
This week the median list price for Oracle, AZ is $478,500 with the market action index hovering around 24. This is an increase over last month's market action index of 23. Inventory has decreased to 14. Click here to stay informed with the Oracle market!

Market Action Index

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

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Oracle market.
Median List Price $478,500
Median Price of New Listings $0
Per Square Foot $280
Average Days on Market 64
Median Days on Market 56
Price Decreased 50%
Price Increased 7%
Relisted 7%
Inventory 14
Median Rent
Market Action 24
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.

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
$510,000 1,658 0 - 4,500 sqft 2 2.5 3 0 0 70
$485,807 1,655 0 - 4,500 sqft 2 2 1 0 0 35
$476,500 1,716 4,500 - 6,500 sqft 2 2 5 0 0 45
$422,900 1,569 0 - 4,500 sqft 2 2 6 0 0 59