Single-Family Homes
Thu Mar 28 2024
This week the median list price for Parks, AZ 86018 is $1,067,000 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has decreased to 6.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Median List Price | $1,067,000 | |
Median Price of New Listings | $2,800,000 | |
Per Square Foot | $435 | |
Average Days on Market | 97 | |
Median Days on Market | 81 | |
Price Decreased | 17% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 6 | |
Median Rent | ||
Market Action | 33 | |
Slight Seller's Advantage |
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,800,000 | 3,774 | 10 - 20 acres | 6 | 4 | 35 | 1 | 0 | 0 |
$2,487,750 | 6,350 | 10 - 20 acres | 8 | 5.5 | 34 | 0 | 0 | 266 |
$1,067,000 | 2,214 | 5 - 10 acres | 3 | 2 | 22 | 0 | 0 | 129 |
$602,000 | 1,554 | 1 - 2.5 acres | 2 | 1.8 | 17 | 0 | 1 | 28 |