Lawyers Title Market Report

Gold Canyon, AZ

Single-Family Homes

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Gold Canyon, AZ

Mon Jun 21 2021
This week the median list price for Gold Canyon, AZ is $919,000 with the market action index hovering around 66. This is an increase over last month's market action index of 64. Inventory has decreased to 36. Click here to stay informed with the Gold Canyon market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Gold Canyon, AZ

Mon Jun 21 2021
This week the median list price for Gold Canyon, AZ is $919,000 with the market action index hovering around 66. This is an increase over last month's market action index of 64. Inventory has decreased to 36. Click here to stay informed with the Gold Canyon market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Gold Canyon market.
Median List Price $919,000
Median Price of New Listings $544,950
Per Square Foot $295
Average Days on Market 58
Median Days on Market 28
Price Decreased 17%
Price Increased 6%
Relisted 3%
Inventory 36
Median Rent
Market Action 66
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,699,000 4,531 0.5 - 1 acre 5 4 21 1 0 28
$1,272,000 3,350 0.25 - 0.5 acre 4 3 1 0 1 119
$549,000 2,006 6,500 - 8,000 sqft 3 2 22 3 2 14
$410,000 1,618 4,500 - 6,500 sqft 3 2 15 2 4 7