Single-Family Homes
Mon Dec 02 2024
This week the median list price for Carefree, AZ is $1,900,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has decreased to 35.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Median List Price | $1,900,000 | |
Median Price of New Listings | $3,500,000 | |
Per Square Foot | $509 | |
Average Days on Market | 123 | |
Median Days on Market | 49 | |
Price Decreased | 31% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 35 | |
Median Rent | ||
Market Action | 32 | |
Slight Seller's Advantage |
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.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$5,224,500 | 6,701 | 2.5 - 5 acres | 4 | 5.3 | 21 | 0 | 0 | 105 |
$2,550,000 | 4,680 | 1 - 2.5 acres | 4 | 4.5 | 41 | 1 | 0 | 42 |
$1,695,000 | 3,329 | 1 - 2.5 acres | 3 | 3.5 | 26 | 0 | 0 | 49 |
$1,199,000 | 2,945 | 0.5 - 1 acre | 3 | 2.5 | 39 | 0 | 3 | 49 |