First Integrity Title Market Report

Fountain Hills, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Fountain Hills, AZ

Wed Mar 03 2021
This week the median list price for Fountain Hills, AZ is $325,000 with the market action index hovering around 67. This is an increase over last month's market action index of 60. Inventory has held steady at or around 15. 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.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Fountain Hills, AZ

Wed Mar 03 2021
This week the median list price for Fountain Hills, AZ is $325,000 with the market action index hovering around 67. This is an increase over last month's market action index of 60. Inventory has held steady at or around 15. 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.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $325,000
Per Square Foot $224
Days on Market 0
Price Decreased 47%
Price Increased 7%
Relisted 0%
Inventory 15
Median Rent $2,800
Most Expensive $665,000
Least Expensive $174,900
Market Action 67
Strong Seller's Market

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
$574,999 2,439 0 - 4,500 sqft 3 2 21 1 2 49
$414,950 1,972 0 - 4,500 sqft 3 2 29 1 2 17
$229,500 1,034 0 - 4,500 sqft 2 2 34 2 3 0
$192,500 829 - 1 1 33 2 1 0