First Integrity Title Market Report

Fountain Hills, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Fountain Hills, AZ

Fri Jul 26 2024
This week the median list price for Fountain Hills, AZ is $484,500 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has decreased to 47. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Fountain Hills, AZ

Fri Jul 26 2024
This week the median list price for Fountain Hills, AZ is $484,500 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has decreased to 47. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $484,500
Median Price of New Listings $400,000
Per Square Foot $320
Average Days on Market 109
Median Days on Market 77
Price Decreased 55%
Price Increased 0%
Relisted 0%
Inventory 47
Median Rent
Market Action 37
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
$729,900 2,074 0 - 4,500 sqft 3 3 22 1 0 105
$544,450 1,719 0 - 4,500 sqft 2 2 21 0 0 122
$389,950 1,189 0 - 4,500 sqft 2 2 26 3 1 49
$325,000 1,036 0 - 4,500 sqft 2 2 34 1 2 87