First Integrity Title Market Report

Fountain Hills, AZ

Single-Family Homes

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Fountain Hills, AZ

Thu Mar 28 2024
This week the median list price for Fountain Hills, AZ is $1,334,997 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 116. Click here to stay informed with the Fountain Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Fountain Hills, AZ

Thu Mar 28 2024
This week the median list price for Fountain Hills, AZ is $1,334,997 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 116. Click here to stay informed with the Fountain Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $1,334,997
Median Price of New Listings $910,500
Per Square Foot $414
Average Days on Market 90
Median Days on Market 49
Price Decreased 43%
Price Increased 2%
Relisted 6%
Inventory 116
Median Rent
Market Action 36
Slight Seller's Advantage

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$2,700,000 4,479 0.5 - 1 acre 4 5 15 2 2 112
$1,695,000 3,816 0.5 - 1 acre 4 4 21 3 1 56
$949,000 2,736 0.25 - 0.5 acre 3 3 30 3 5 35
$635,000 1,750 0.25 - 0.5 acre 3 2 36 6 5 28