First Integrity Title Market Report

Wickenburg, AZ

Single-Family Homes

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Wickenburg, AZ

Sat Mar 02 2024
This week the median list price for Wickenburg, AZ is $649,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has increased to 123. Click here to stay informed with the Wickenburg market!

Market Action Index

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

Slight Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Wickenburg, AZ

Sat Mar 02 2024
This week the median list price for Wickenburg, AZ is $649,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has increased to 123. Click here to stay informed with the Wickenburg market!

Market Action Index

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

Slight Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Wickenburg market.
Median List Price $649,000
Median Price of New Listings $599,900
Per Square Foot $325
Average Days on Market 128
Median Days on Market 98
Price Decreased 43%
Price Increased 2%
Relisted 4%
Inventory 123
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
$1,090,000 2,684 2.5 - 5 acres 3 3 20 3 0 73
$775,000 2,226 1 - 2.5 acres 3 3 25 1 4 105
$589,000 1,840 8,000 - 10,000 sqft 2 2 7 2 0 112
$458,000 1,650 6,500 - 8,000 sqft 2 2 19 3 2 77