First Integrity Title Market Report

Superior, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372


Superior, AZ

Fri Jul 26 2024
This week the median list price for Superior, AZ is $209,950 with the market action index hovering around 32. This is less than last month's market action index of 45. Inventory has held steady at or around 6. Click here to stay informed with the Superior 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 off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Superior, AZ

Fri Jul 26 2024
This week the median list price for Superior, AZ is $209,950 with the market action index hovering around 32. This is less than last month's market action index of 45. Inventory has held steady at or around 6. Click here to stay informed with the Superior 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 off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Superior market.
Median List Price $209,950
Median Price of New Listings $110,000
Per Square Foot $196
Average Days on Market 64
Median Days on Market 70
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 32
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$289,900 1,144 0.25 - 0.5 acre 2 1 68 0 0 98
$275,000 1,258 4,500 - 6,500 sqft 4 3 94 0 0 21
$209,950 1,071 0.25 - 0.5 acre 3 1.5 90 0 0 98
$130,000 1,120 6,500 - 8,000 sqft 2 1.5 91 1 0 35