First Integrity Title Market Report

Fountain Hills, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171


Fountain Hills, AZ

Thu Dec 08 2022
This week the median list price for Fountain Hills, AZ is $389,450 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 56. 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 recently plateaued. 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

Thu Dec 08 2022
This week the median list price for Fountain Hills, AZ is $389,450 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 56. 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 recently plateaued. 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 $389,450
Median Price of New Listings $325,000
Per Square Foot $283
Average Days on Market 78
Median Days on Market 60
Price Decreased 55%
Price Increased 0%
Relisted 5%
Inventory 56
Median Rent
Market Action 34
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
$731,444 2,115 0 - 4,500 sqft 3 2.5 17 1 0 94
$442,000 1,534 0 - 4,500 sqft 3 2 22 0 1 52
$339,500 1,170 0 - 4,500 sqft 2 2 25 5 3 56
$276,950 1,025 - 2 1.8 48 0 0 80