Navi Title Agency

Apache Junction, AZ

Single-Family Homes

Here is your weekly Market Update!



Apache Junction, AZ

Fri Jun 21 2024
This week the median list price for Apache Junction, AZ is $434,220 with the market action index hovering around 46. This is less than last month's market action index of 47. Inventory has increased to 99. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Apache Junction, AZ

Fri Jun 21 2024
This week the median list price for Apache Junction, AZ is $434,220 with the market action index hovering around 46. This is less than last month's market action index of 47. Inventory has increased to 99. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Apache Junction market.
Median List Price $434,220
Median Price of New Listings $421,990
Per Square Foot $285
Average Days on Market 58
Median Days on Market 35
Price Decreased 38%
Price Increased 11%
Relisted 4%
Inventory 99
Median Rent
Market Action 46
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
$972,450 2,745 1 - 2.5 acres 3 3 7 3 4 49
$546,230 2,181 8,000 - 10,000 sqft 3 3 2 4 7 21
$420,000 1,585 4,500 - 6,500 sqft 3 2 3 6 5 35
$365,000 1,244 4,500 - 6,500 sqft 3 2 26 4 3 35