First Arizona Title's Market Report

Queen Creek, AZ

Single-Family Homes

First Arizona Title Agency | (480) 385-6500 | www.FirstAZTitle.com



Queen Creek, AZ

Mon Oct 03 2022
This week the median list price for Queen Creek, AZ is $599,000 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 442. Click here to stay informed with the Queen Creek 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 a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Queen Creek, AZ

Mon Oct 03 2022
This week the median list price for Queen Creek, AZ is $599,000 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 442. Click here to stay informed with the Queen Creek 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 a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Queen Creek market.
Median List Price $599,000
Median Price of New Listings $580,000
Per Square Foot $257
Average Days on Market 64
Median Days on Market 56
Price Decreased 72%
Price Increased 1%
Relisted 8%
Inventory 442
Median Rent
Market Action 37
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$959,475 3,523 0.5 - 1 acre 4 3.3 9 15 10 56
$689,500 2,572 0.25 - 0.5 acre 4 2.5 7 5 8 45
$524,990 2,213 6,500 - 8,000 sqft 4 2.5 10 11 10 56
$439,900 1,737 4,500 - 6,500 sqft 3 2 16 10 2 56