First Integrity Title Market Report

Apache Junction, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Apache Junction, AZ

Wed May 22 2024
This week the median list price for Apache Junction, AZ is $433,290 with the market action index hovering around 47. This is less than last month's market action index of 50. Inventory has increased to 94. Click here to stay informed with the Apache Junction 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 plateaued for a while. Despite the consistent decrease in MAI, 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.

Apache Junction, AZ

Wed May 22 2024
This week the median list price for Apache Junction, AZ is $433,290 with the market action index hovering around 47. This is less than last month's market action index of 50. Inventory has increased to 94. Click here to stay informed with the Apache Junction 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 plateaued for a while. Despite the consistent decrease in MAI, 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 Apache Junction market.
Median List Price $433,290
Median Price of New Listings $405,000
Per Square Foot $290
Average Days on Market 64
Median Days on Market 42
Price Decreased 29%
Price Increased 14%
Relisted 7%
Inventory 94
Median Rent
Market Action 47
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
$995,900 2,550 1 - 2.5 acres 3 3 10 2 2 84
$470,105 1,824 8,000 - 10,000 sqft 3 2 1 3 6 28
$406,972 1,490 4,500 - 6,500 sqft 3 2 2 2 5 35
$369,450 1,267 4,500 - 6,500 sqft 3 2 26 7 4 28