Lawyers Title Market Report

Queen Creek, AZ 85142

Single-Family Homes

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Queen Creek, AZ 85142

Sat Jun 12 2021
This week the median list price for Queen Creek, AZ 85142 is $639,900 with the market action index hovering around 86. This is less than last month's market action index of 90. Inventory has increased to 91. Click here to stay informed with the Queen Creek market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since 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.

Queen Creek, AZ 85142

Sat Jun 12 2021
This week the median list price for Queen Creek, AZ 85142 is $639,900 with the market action index hovering around 86. This is less than last month's market action index of 90. Inventory has increased to 91. Click here to stay informed with the Queen Creek market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since 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 Queen Creek market.
Median List Price $639,900
Median Price of New Listings $575,245
Per Square Foot $252
Average Days on Market 50
Median Days on Market 14
Price Decreased 7%
Price Increased 12%
Relisted 2%
Inventory 91
Median Rent
Market Action 86
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$889,950 3,667 1 - 2.5 acres 5 3 7 6 6 21
$699,000 2,821 8,000 - 10,000 sqft 4 3 2 6 4 14
$599,900 2,331 8,000 - 10,000 sqft 4 2 0 4 4 21
$438,500 1,843 4,500 - 6,500 sqft 4 2 13 14 13 0