Lawyers Title Market Report

Queen Creek, AZ

Single-Family Homes

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Queen Creek, AZ

Tue Jul 14 2020
This week the median list price for Queen Creek, AZ is $479,900 with the market action index hovering around 53. This is an increase over last month's market action index of 47. Inventory has held steady at or around 313. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Queen Creek, AZ

Tue Jul 14 2020
This week the median list price for Queen Creek, AZ is $479,900 with the market action index hovering around 53. This is an increase over last month's market action index of 47. Inventory has held steady at or around 313. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Queen Creek market.
Median List Price $479,900
Per Square Foot $183
Days on Market 68
Price Decreased 22%
Price Increased 13%
Relisted 2%
Inventory 313
Median Rent $1,600
Most Expensive $1,999,999
Least Expensive $235,000
Market Action 53
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change 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
$699,992 3,605 0.5 - 1 acre 4 3 4 19 4 129
$519,900 2,797 0.25 - 0.5 acre 4 3 0 27 5 48
$431,947 2,356 6,500 - 8,000 sqft 4 2 4 31 8 57
$310,000 1,876 4,500 - 6,500 sqft 3 2 13 51 13 35