First Integrity Title Market Report

Apache Junction, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372


Apache Junction, AZ

Mon Dec 02 2024
This week the median list price for Apache Junction, AZ is $501,995 with the market action index hovering around 33. This is less than last month's market action index of 35. Inventory has held steady at or around 178. 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.

Slight Seller's Advantage

Market Narrative

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.

Apache Junction, AZ

Mon Dec 02 2024
This week the median list price for Apache Junction, AZ is $501,995 with the market action index hovering around 33. This is less than last month's market action index of 35. Inventory has held steady at or around 178. 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.

Slight Seller's Advantage

Market Narrative

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 Apache Junction market.
Median List Price $501,995
Median Price of New Listings $539,900
Per Square Foot $257
Average Days on Market 74
Median Days on Market 63
Price Decreased 54%
Price Increased 10%
Relisted 5%
Inventory 178
Median Rent
Market Action 33
Slight Seller's Advantage

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
$939,495 2,608 1 - 2.5 acres 4 3 17 4 3 56
$584,995 2,400 8,000 - 10,000 sqft 4 3 0 3 5 84
$439,000 1,800 4,500 - 6,500 sqft 3 2 1 2 4 70
$365,000 1,320 4,500 - 6,500 sqft 3 2 25 4 10 49