Lawyers Title Market Report

Queen Creek, AZ

Single-Family Homes

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Queen Creek, AZ

Wed Nov 13 2019
This week the median list price for Queen Creek, AZ is $433,397 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has held steady at or around 310. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Queen Creek, AZ

Wed Nov 13 2019
This week the median list price for Queen Creek, AZ is $433,397 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has held steady at or around 310. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Queen Creek market.
Median List Price $433,397
Per Square Foot $166
Days on Market 84
Price Decreased 46%
Price Increased 22%
Relisted 5%
Inventory 310
Median House Rent $1,500
Most Expensive $2,200,000
Least Expensive $195,000
Market Action Index
Strong Seller's Market
46

Prices appear to be hovering around their high point. 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
$749,000 3,781 0.5 - 1 acre 4 3 5 11 8 114
$498,500 3,061 0.25 - 0.5 acre 4 3 1 6 7 109
$377,503 2,384 4,500 - 6,500 sqft 4 2 2 8 14 57
$293,019 2,041 0 - 4,500 sqft 3 2 13 13 20 55