First Integrity Title Market Report

Oracle, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Oracle, AZ

Sat Jul 27 2024
This week the median list price for Oracle, AZ is $465,000 with the market action index hovering around 28. This is an increase over last month's market action index of 23. Inventory has decreased to 15. 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 been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Oracle, AZ

Sat Jul 27 2024
This week the median list price for Oracle, AZ is $465,000 with the market action index hovering around 28. This is an increase over last month's market action index of 23. Inventory has decreased to 15. 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 been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Oracle market.
Median List Price $465,000
Median Price of New Listings $435,500
Per Square Foot $280
Average Days on Market 132
Median Days on Market 147
Price Decreased 40%
Price Increased 13%
Relisted 20%
Inventory 15
Median Rent
Market Action 28
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
$509,000 1,655 0 - 4,500 sqft 2 2 2 0 1 182
$472,475 1,657 0 - 4,500 sqft 2 2 2 0 0 66
$461,450 1,647 0 - 4,500 sqft 2 2 6 0 0 91
$409,450 1,522 0 - 4,500 sqft 2 2 6 1 0 154