Clear Title Agency of Arizona

Gold Canyon, AZ

Single-Family Homes

Where Quality Finds a Home |cleartitleaz.com | 480.278.8484


Gold Canyon, AZ

Fri Jul 01 2022
This week the median list price for Gold Canyon, AZ is $546,000 with the market action index hovering around 53. This is less than last month's market action index of 63. Inventory has increased to 61. Click here to stay informed with the Gold Canyon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

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.

Gold Canyon, AZ

Fri Jul 01 2022
This week the median list price for Gold Canyon, AZ is $546,000 with the market action index hovering around 53. This is less than last month's market action index of 63. Inventory has increased to 61. Click here to stay informed with the Gold Canyon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

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 Gold Canyon market.
Median List Price $546,000
Median Price of New Listings $522,500
Per Square Foot $308
Average Days on Market 67
Median Days on Market 28
Price Decreased 39%
Price Increased 2%
Relisted 2%
Inventory 61
Median Rent
Market Action 53
Strong Seller's Market

The market seems to have paused around this plateau. 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
$1,449,500 3,210 0.5 - 1 acre 4 3.5 15 1 2 77
$679,000 2,205 8,000 - 10,000 sqft 3 2 23 2 3 14
$520,000 1,754 6,500 - 8,000 sqft 2 2 22 5 1 21
$449,500 1,522 4,500 - 6,500 sqft 3 2 23 4 2 21