Single-Family Homes
Sat Feb 27 2021
This week the median list price for Arivaca, AZ is $465,000 with the market action index hovering around 32. This is less than last month's market action index of 36. Inventory has held steady at or around 5.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Median List Price | $465,000 | |
Per Square Foot | $357 | |
Days on Market | 357 | |
Price Decreased | 20% | |
Price Increased | 0% | |
Relisted | 20% | |
Inventory | 5 | |
Median Rent | ||
Most Expensive | $1,399,000 | |
Least Expensive | $199,000 | |
Market Action | 32 | |
Slight Seller's Advantage |
Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,399,000 | 1,921 | N/A | 3 | 3 | 47 | 0 | 0 | 357 |
$1,100,000 | 2,881 | N/A | 4 | 3 | 44 | 0 | 0 | 455 |
$465,000 | 1,300 | N/A | 4 | 2 | 89 | 0 | 0 | 350 |
$203,000 | 1,784 | 10 - 20 acres | 3 | 2 | 95 | 0 | 0 | 360 |