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Apache Junction, AZ

Single-Family Homes

Here is your weekly Market Update!



Apache Junction, AZ

Thu Sep 21 2023
This week the median list price for Apache Junction, AZ is $449,792 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has held steady at or around 56. Click here to stay informed with the Apache Junction market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Apache Junction, AZ

Thu Sep 21 2023
This week the median list price for Apache Junction, AZ is $449,792 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has held steady at or around 56. Click here to stay informed with the Apache Junction market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Apache Junction market.
Median List Price $449,792
Median Price of New Listings $406,680
Per Square Foot $278
Average Days on Market 62
Median Days on Market 21
Price Decreased 36%
Price Increased 4%
Relisted 2%
Inventory 56
Median Rent
Market Action 54
Strong Seller's Market

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
$890,000 2,252 1 - 2.5 acres 3 3 11 1 1 63
$492,000 2,076 0.25 - 0.5 acre 4 2 34 1 1 28
$422,400 1,595 4,500 - 6,500 sqft 3 2 13 6 4 10
$365,000 1,244 4,500 - 6,500 sqft 3 2 24 3 7 21