First Arizona Title's Market Report

Sun City, AZ

Single-Family Homes

First Arizona Title Agency | (480) 385-6500 | www.FirstAZTitle.com



Sun City, AZ

Sun Aug 01 2021
This week the median list price for Sun City, AZ is $335,000 with the market action index hovering around 95. This is less than last month's market action index of 97. Inventory has increased to 64. Click here to stay informed with the Sun City market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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.

Sun City, AZ

Sun Aug 01 2021
This week the median list price for Sun City, AZ is $335,000 with the market action index hovering around 95. This is less than last month's market action index of 97. Inventory has increased to 64. Click here to stay informed with the Sun City market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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 Sun City market.
Median List Price $335,000
Median Price of New Listings $317,500
Per Square Foot $211
Average Days on Market 24
Median Days on Market 7
Price Decreased 28%
Price Increased 9%
Relisted 5%
Inventory 64
Median Rent $2,000
Market Action 95
Strong Seller's Market

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
$479,450 2,160 8,000 - 10,000 sqft 3 2 43 5 3 24
$348,750 1,721 8,000 - 10,000 sqft 3 2 47 7 7 17
$309,450 1,465 8,000 - 10,000 sqft 2 2 49 11 6 3
$257,450 1,214 6,500 - 8,000 sqft 2 1 57 11 10 0