Thu Mar 30 2023
This week the median list price for Arivaca, AZ is $335,000 with the market action index hovering around 23. This is less than last month's market action index of 28. Inventory has held steady at or around 4.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$335,000|
|Median Price of New Listings||$0|
|Per Square Foot||$131|
|Average Days on Market||208|
|Median Days on Market||224|
|Slight Buyer's Advantage|
Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$380,000||2,760||5 - 10 acres||3||2||17||0||0||287|
|$274,000||2,172||10 - 20 acres||3||2||43||0||0||161|