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Gold Canyon, AZ 85118

Single-Family Homes

Here is your weekly Market Update!



Gold Canyon, AZ 85118

Fri Jun 21 2024
This week the median list price for Gold Canyon, AZ 85118 is $517,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 142. Click here to stay informed with the Gold Canyon market!

Market Action Index

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

Slight Seller's Advantage

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Gold Canyon, AZ 85118

Fri Jun 21 2024
This week the median list price for Gold Canyon, AZ 85118 is $517,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 142. Click here to stay informed with the Gold Canyon market!

Market Action Index

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

Slight Seller's Advantage

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Gold Canyon market.
Median List Price $517,000
Median Price of New Listings $460,000
Per Square Foot $272
Average Days on Market 137
Median Days on Market 84
Price Decreased 44%
Price Increased 9%
Relisted 4%
Inventory 142
Median Rent
Market Action 33
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$1,290,000 3,200 0.5 - 1 acre 3 4 8 3 2 161
$624,500 2,278 8,000 - 10,000 sqft 3 2 22 0 1 77
$462,450 1,879 6,500 - 8,000 sqft 3 2 17 3 2 49
$418,495 1,619 4,500 - 6,500 sqft 3 2 20 3 4 70