Lawyers Title Market Report

Queen Creek, AZ

Single-Family Homes

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Queen Creek, AZ

Fri Apr 19 2019
This week the median list price for Queen Creek, AZ is $414,750 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has held steady at or around 431. Click here to stay informed with the Queen Creek market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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

Fri Apr 19 2019
This week the median list price for Queen Creek, AZ is $414,750 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has held steady at or around 431. Click here to stay informed with the Queen Creek market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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 $414,750
Per Square Foot $152
Days on Market 75
Price Decreased 39%
Price Increased 10%
Relisted 4%
Inventory 431
Median House Rent $1,512
Most Expensive $2,499,000
Least Expensive $176,000
Market Action Index
Slight Seller's Advantage
37

The market is 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
$680,000 3,816 0.5 - 1 acre 4 3 6 16 7 102
$467,450 3,045 0.25 - 0.5 acre 4 3 4 14 14 87
$355,708 2,379 8,000 - 10,000 sqft 4 2 5 14 16 65
$255,000 1,890 0 - 4,500 sqft 3 2 13 21 23 45