First Integrity Title Market Report

Casa Grande, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171


Casa Grande, AZ

Thu Dec 08 2022
This week the median list price for Casa Grande, AZ is $289,100 with the market action index hovering around 35. This is less than last month's market action index of 46. Inventory has increased to 7. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Casa Grande, AZ

Thu Dec 08 2022
This week the median list price for Casa Grande, AZ is $289,100 with the market action index hovering around 35. This is less than last month's market action index of 46. Inventory has increased to 7. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Casa Grande market.
Median List Price $289,100
Median Price of New Listings $0
Per Square Foot $186
Average Days on Market 92
Median Days on Market 28
Price Decreased 43%
Price Increased 0%
Relisted 14%
Inventory 7
Median Rent
Market Action 35
Slight Seller's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$409,000 2,190 - 3 2 0 0 0 245
$299,400 1,260 - 2 2 15 0 0 14
$266,550 1,567 - 2 2.3 28 0 0 94
$177,000 1,025 - 2 1 58 0 0 91