First Integrity Title Market Report

Casa Grande, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Casa Grande, AZ

Thu Sep 19 2024
This week the median list price for Casa Grande, AZ is $351,990 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has decreased to 343. Click here to stay informed with the Casa Grande market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Casa Grande, AZ

Thu Sep 19 2024
This week the median list price for Casa Grande, AZ is $351,990 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has decreased to 343. Click here to stay informed with the Casa Grande market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Casa Grande market.
Median List Price $351,990
Median Price of New Listings $347,445
Per Square Foot $198
Average Days on Market 83
Median Days on Market 63
Price Decreased 51%
Price Increased 5%
Relisted 4%
Inventory 343
Median Rent
Market Action 36
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
$460,000 2,265 0.25 - 0.5 acre 4 3 3 7 2 49
$385,692 2,014 6,500 - 8,000 sqft 4 2 3 11 8 66
$329,992 1,673 6,500 - 8,000 sqft 3 2 5 12 15 63
$284,990 1,328 4,500 - 6,500 sqft 3 2 21 14 14 52