Amy Gerrish, Realtor & Data Scientist.

Queen Creek, AZ 85142

Single-Family Homes

Realty Executives



Queen Creek, AZ 85142

Mon Oct 19 2020
This week the median list price for Queen Creek, AZ 85142 is $534,950 with the market action index hovering around 53. This is an increase over last month's market action index of 51. Inventory has held steady at or around 140. Click here to stay informed with the Queen Creek 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.

Queen Creek, AZ 85142

Mon Oct 19 2020
This week the median list price for Queen Creek, AZ 85142 is $534,950 with the market action index hovering around 53. This is an increase over last month's market action index of 51. Inventory has held steady at or around 140. Click here to stay informed with the Queen Creek 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 Queen Creek market.
Median List Price $534,950
Per Square Foot $201
Days on Market 75
Price Decreased 20%
Price Increased 31%
Relisted 6%
Inventory 140
Median Rent $1,800
Most Expensive $2,599,000
Least Expensive $285,000
Market Action 53
Strong Seller's Market

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$935,000 3,852 0.5 - 1 acre 4 3 7 4 2 125
$599,900 3,115 0.25 - 0.5 acre 4 3 0 8 7 77
$489,900 2,331 0.25 - 0.5 acre 4 2 0 6 4 61
$379,900 2,150 0 - 4,500 sqft 4 2 8 14 8 36