Navi Title Agency

Apache Junction, AZ

Single-Family Homes

Here is your weekly Market Update!



Apache Junction, AZ

Tue Jul 16 2024
This week the median list price for Apache Junction, AZ is $439,990 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has increased to 113. 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.

Slight Seller's Advantage

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

Tue Jul 16 2024
This week the median list price for Apache Junction, AZ is $439,990 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has increased to 113. 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.

Slight Seller's Advantage

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 $439,990
Median Price of New Listings $408,000
Per Square Foot $276
Average Days on Market 59
Median Days on Market 35
Price Decreased 56%
Price Increased 4%
Relisted 4%
Inventory 113
Median Rent
Market Action 43
Slight Seller'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
$949,900 2,799 1 - 2.5 acres 4 4 2 1 1 49
$548,070 1,924 8,000 - 10,000 sqft 3 3 3 4 3 28
$419,500 1,705 4,500 - 6,500 sqft 3 2 12 6 2 35
$355,000 1,226 4,500 - 6,500 sqft 3 2 29 7 4 35