First Integrity Title Market Report

Carefree, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Carefree, AZ

Thu May 22 2025
This week the median list price for Carefree, AZ is $679,000 with the market action index hovering around 24. This is less than last month's market action index of 28. Inventory has increased to 29. 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 Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Carefree, AZ

Thu May 22 2025
This week the median list price for Carefree, AZ is $679,000 with the market action index hovering around 24. This is less than last month's market action index of 28. Inventory has increased to 29. 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 Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Carefree market.
Median List Price $679,000
Median Price of New Listings $0
Per Square Foot $367
Average Days on Market 175
Median Days on Market 126
Price Decreased 48%
Price Increased 0%
Relisted 14%
Inventory 29
Median Rent
Market Action 24
Slight Buyer'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
$997,000 2,191 0 - 4,500 sqft 2 3 21 0 0 126
$885,395 1,847 0 - 4,500 sqft 2 3 1 0 1 315
$570,000 1,970 8,000 - 10,000 sqft 2 3 25 0 0 77
$292,500 1,018 N/A 2 2 50 0 0 140