First Integrity Title Market Report

Fountain Hills, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Fountain Hills, AZ

Tue Mar 28 2023
This week the median list price for Fountain Hills, AZ is $477,450 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has increased to 46. 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

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.

Fountain Hills, AZ

Tue Mar 28 2023
This week the median list price for Fountain Hills, AZ is $477,450 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has increased to 46. 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

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 Fountain Hills market.
Median List Price $477,450
Median Price of New Listings $510,000
Per Square Foot $310
Average Days on Market 88
Median Days on Market 53
Price Decreased 41%
Price Increased 2%
Relisted 4%
Inventory 46
Median Rent
Market Action 43
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$789,000 2,240 0 - 4,500 sqft 3 3 23 2 1 49
$575,000 1,873 0 - 4,500 sqft 2 2.5 18 3 2 49
$396,000 1,344 0 - 4,500 sqft 2 2 25 3 3 63
$314,000 1,058 0 - 4,500 sqft 2 2 37 2 3 66