Navi Title Agency

Gold Canyon, AZ 85118

Single-Family Homes

Here is your weekly Market Update!



Gold Canyon, AZ 85118

Tue Jul 16 2024
This week the median list price for Gold Canyon, AZ 85118 is $515,000 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has decreased to 121. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Gold Canyon, AZ 85118

Tue Jul 16 2024
This week the median list price for Gold Canyon, AZ 85118 is $515,000 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has decreased to 121. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Gold Canyon market.
Median List Price $515,000
Median Price of New Listings $479,950
Per Square Foot $280
Average Days on Market 142
Median Days on Market 77
Price Decreased 48%
Price Increased 6%
Relisted 2%
Inventory 121
Median Rent
Market Action 35
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,157,000 3,113 0.5 - 1 acre 4 3.5 2 0 3 189
$582,500 2,172 8,000 - 10,000 sqft 3 2 21 3 5 45
$469,995 1,885 6,500 - 8,000 sqft 3 2 19 3 3 49
$423,000 1,622 4,500 - 6,500 sqft 3 2 1 4 4 98