First Integrity Title Market Report

Fountain Hills, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372


Fountain Hills, AZ

Mon Dec 04 2023
This week the median list price for Fountain Hills, AZ is $1,007,000 with the market action index hovering around 38. This is less than last month's market action index of 41. Inventory has increased to 102. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Fountain Hills, AZ

Mon Dec 04 2023
This week the median list price for Fountain Hills, AZ is $1,007,000 with the market action index hovering around 38. This is less than last month's market action index of 41. Inventory has increased to 102. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $1,007,000
Median Price of New Listings $807,500
Per Square Foot $384
Average Days on Market 91
Median Days on Market 56
Price Decreased 48%
Price Increased 3%
Relisted 7%
Inventory 102
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,590,000 4,479 0.5 - 1 acre 4 5 14 1 1 91
$1,299,999 3,239 0.25 - 0.5 acre 4 4 22 0 0 56
$877,000 2,460 0.25 - 0.5 acre 3 3 28 5 0 35
$660,000 1,902 0.25 - 0.5 acre 3 2 33 2 2 45