First Integrity Title Market Report

Apache Junction, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Apache Junction, AZ

Fri Dec 01 2023
This week the median list price for Apache Junction, AZ is $190,000 with the market action index hovering around 36. This is less than last month's market action index of 45. Inventory has held steady at or around 7. 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

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

Fri Dec 01 2023
This week the median list price for Apache Junction, AZ is $190,000 with the market action index hovering around 36. This is less than last month's market action index of 45. Inventory has held steady at or around 7. 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

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 $190,000
Median Price of New Listings $147,450
Per Square Foot $214
Average Days on Market 71
Median Days on Market 63
Price Decreased 43%
Price Increased 0%
Relisted 14%
Inventory 7
Median Rent
Market Action 36
Slight Seller's Advantage

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$220,000 1,400 0 - 4,500 sqft 2 1 34 0 0 98
$199,950 940 0 - 4,500 sqft 2 1.5 32 0 0 80
$174,950 630 0 - 4,500 sqft 1 1 34 1 0 28
$147,450 665 0 - 4,500 sqft 1 1 36 1 0 91