Navi Title Agency

Queen Creek, AZ 85140

Single-Family Homes

Here is your weekly Market Update!



Queen Creek, AZ 85140

Thu Feb 29 2024
This week the median list price for Queen Creek, AZ 85140 is $657,927 with the market action index hovering around 42. This is less than last month's market action index of 46. Inventory has held steady at or around 60. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Thu Feb 29 2024
This week the median list price for Queen Creek, AZ 85140 is $657,927 with the market action index hovering around 42. This is less than last month's market action index of 46. Inventory has held steady at or around 60. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $657,927
Median Price of New Listings $557,000
Per Square Foot $318
Average Days on Market 84
Median Days on Market 63
Price Decreased 43%
Price Increased 10%
Relisted 2%
Inventory 60
Median Rent
Market Action 42
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. 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
$979,000 2,396 6,500 - 8,000 sqft 2 3 8 2 1 70
$718,900 2,173 4,500 - 6,500 sqft 2 3 2 1 0 119
$574,000 2,155 4,500 - 6,500 sqft 3 2 8 5 1 21
$439,890 1,612 4,500 - 6,500 sqft 3 2 1 2 1 28