RealTrends Market Report

Arizona, AZ

Single-Family Homes

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Arizona, AZ

Mon Dec 02 2024
This week the median list price for Arizona, AZ is $499,900 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 23,536. Click here to stay informed with the Arizona market!

Market Action Index

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

Slight Seller's Advantage

Arizona, AZ

Mon Dec 02 2024
This week the median list price for Arizona, AZ is $499,900 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 23,536. Click here to stay informed with the Arizona market!

Market Action Index

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

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Arizona market.
Median List Price $499,900
Median Price of New Listings $480,000
Per Square Foot $261
Average Days on Market 95
Median Days on Market 63
Price Decreased 44%
Price Increased 5%
Relisted 6%
Inventory 23,536
Median Rent
Market Action 35
Slight Seller's Advantage

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
$1,100,000 3,082 0.25 - 0.5 acre 4 3 20 334 497 70
$597,000 2,182 6,500 - 8,000 sqft 3 2.5 19 378 614 63
$439,000 1,832 6,500 - 8,000 sqft 3 2 19 428 619 56
$334,900 1,479 6,500 - 8,000 sqft 3 2 23 414 636 56