First Integrity Title Market Report

Carefree, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Carefree, AZ

Wed Feb 28 2024
This week the median list price for Carefree, AZ is $675,000 with the market action index hovering around 31. This is an increase over last month's market action index of 28. Inventory has decreased to 17. Click here to stay informed with the Carefree market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Carefree, AZ

Wed Feb 28 2024
This week the median list price for Carefree, AZ is $675,000 with the market action index hovering around 31. This is an increase over last month's market action index of 28. Inventory has decreased to 17. Click here to stay informed with the Carefree market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Carefree market.
Median List Price $675,000
Median Price of New Listings $0
Per Square Foot $304
Average Days on Market 99
Median Days on Market 77
Price Decreased 47%
Price Increased 0%
Relisted 12%
Inventory 17
Median Rent
Market Action 31
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
$962,084 2,197 0 - 4,500 sqft 2 3 10 0 0 168
$824,500 2,282 0 - 4,500 sqft 3 3.5 10 0 0 56
$599,950 1,970 4,500 - 6,500 sqft 2 3 23 0 0 129
$489,000 1,905 0 - 4,500 sqft 2 2 44 0 0 42