First Integrity Title Market Report

Queen Creek, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Queen Creek, AZ

Fri Apr 12 2024
This week the median list price for Queen Creek, AZ is $574,400 with the market action index hovering around 26. This is an increase over last month's market action index of 25. Inventory has decreased to 12. 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 Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Queen Creek, AZ

Fri Apr 12 2024
This week the median list price for Queen Creek, AZ is $574,400 with the market action index hovering around 26. This is an increase over last month's market action index of 25. Inventory has decreased to 12. 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 Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Queen Creek market.
Median List Price $574,400
Median Price of New Listings $0
Per Square Foot $342
Average Days on Market 104
Median Days on Market 91
Price Decreased 42%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent
Market Action 26
Slight Buyer'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
$593,900 1,678 0 - 4,500 sqft 2 2 1 0 0 91
$575,900 1,678 0 - 4,500 sqft 2 2 1 0 0 91
$562,900 1,678 0 - 4,500 sqft 2 2 1 0 0 105
$495,000 1,342 0 - 4,500 sqft 2 2 4 0 0 14