Arizona's Most Current Market Reports

Queen Creek, AZ

Single-Family Homes

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Queen Creek, AZ

Mon Jan 24 2022
This week the median list price for Queen Creek, AZ is $629,900 with the market action index hovering around 72. This is about the same as last month's market action index of 72. Inventory has decreased to 115. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Queen Creek, AZ

Mon Jan 24 2022
This week the median list price for Queen Creek, AZ is $629,900 with the market action index hovering around 72. This is about the same as last month's market action index of 72. Inventory has decreased to 115. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Queen Creek market.
Median List Price $629,900
Median Price of New Listings $550,000
Per Square Foot $262
Average Days on Market 74
Median Days on Market 28
Price Decreased 16%
Price Increased 21%
Relisted 4%
Inventory 115
Median Rent $2,300
Market Action 72
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$880,993 3,178 1 - 2.5 acres 4 3.3 1 6 9 45
$725,000 2,767 8,000 - 10,000 sqft 4 2.5 3 8 7 42
$565,000 2,303 8,000 - 10,000 sqft 4 2 6 12 10 14
$455,000 1,873 6,500 - 8,000 sqft 3 2 16 11 11 21