First Integrity Title Market Report

Oracle, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Oracle, AZ

Thu Dec 08 2022
This week the median list price for Oracle, AZ is $499,500 with the market action index hovering around 33. This is less than last month's market action index of 37. Inventory has increased to 8. 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 Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Oracle, AZ

Thu Dec 08 2022
This week the median list price for Oracle, AZ is $499,500 with the market action index hovering around 33. This is less than last month's market action index of 37. Inventory has increased to 8. 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 Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Oracle market.
Median List Price $499,500
Median Price of New Listings $484,250
Per Square Foot $286
Average Days on Market 76
Median Days on Market 32
Price Decreased 13%
Price Increased 0%
Relisted 25%
Inventory 8
Median Rent
Market Action 33
Slight Seller'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
$649,497 4,645 1 - 2.5 acres 2 2.5 49 0 0 150
$509,500 1,716 4,500 - 6,500 sqft 2 2 3 0 0 21
$494,250 1,716 0 - 4,500 sqft 2 2 3 1 0 77
$474,475 1,707 0 - 4,500 sqft 2 2.3 4 1 0 56