First Integrity Title Market Report
Carefree, AZ
Condos/Townhomes
www.FirstIntegrityTitle.com | 888-636-0372
Carefree, AZ
Wed Aug 12 2026
This week the median list price for Carefree, AZ is $662,750 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 14.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
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
| Median List Price | $662,750 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $356 | |
| Average Days on Market | 270 | |
| Median Days on Market | 119 | |
| Price Decreased | 29% | |
| Price Increased | 0% | |
| Relisted | 7% | |
| Inventory | 14 | |
| Median Rent | ||
| Market Action | 31 | |
| Slight Seller's Advantage | ||
Despite this week’s down tic, the price trend remains upward for the last few weeks. We’re within sight of the market peak and a persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $849,950 | 2,328 | 0.25 - 0.5 acre | 3 | 3 | 21 | 0 | 1 | 136 |
| $695,500 | 1,847 | 0 - 4,500 sqft | 2 | 3 | 2 | 0 | 0 | 826 |
| $517,450 | 1,851 | 4,500 - 6,500 sqft | 2 | 2.5 | 33 | 0 | 0 | 119 |
| $218,500 | 975 | - | 2 | 1 | 52 | 0 | 0 | 105 |