Navi Title Agency

Queen Creek, AZ 85140

Single-Family Homes

Here is your weekly Market Update!



Queen Creek, AZ 85140

Fri Jun 02 2023
This week the median list price for Queen Creek, AZ 85140 is $632,400 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 24. 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.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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.

Queen Creek, AZ 85140

Fri Jun 02 2023
This week the median list price for Queen Creek, AZ 85140 is $632,400 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 24. 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.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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 Queen Creek market.
Median List Price $632,400
Median Price of New Listings $464,950
Per Square Foot $312
Average Days on Market 97
Median Days on Market 70
Price Decreased 75%
Price Increased 0%
Relisted 4%
Inventory 24
Median Rent
Market Action 41
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$826,799 2,579 - 2 2.5 6 0 0 56
$696,083 2,184 - 2 2.8 5 0 0 56
$562,450 1,603 - 2 2 3 0 1 70
$452,995 1,832 - 3 2 7 2 2 80