First Integrity Title Market Report

Queen Creek, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Queen Creek, AZ

Tue Jan 14 2025
This week the median list price for Queen Creek, AZ is $549,451 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has held steady at or around 14. 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

Market Narrative

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Queen Creek, AZ

Tue Jan 14 2025
This week the median list price for Queen Creek, AZ is $549,451 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has held steady at or around 14. 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

Market Narrative

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Queen Creek market.
Median List Price $549,451
Median Price of New Listings $0
Per Square Foot $352
Average Days on Market 196
Median Days on Market 102
Price Decreased 21%
Price Increased 7%
Relisted 7%
Inventory 14
Median Rent
Market Action 24
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
$600,741 1,678 0 - 4,500 sqft 2 3 2 0 0 336
$587,979 1,678 0 - 4,500 sqft 2 3 2 0 0 476
$543,951 2,186 0 - 4,500 sqft 2 3 6 0 0 73
$462,000 1,332 0 - 4,500 sqft 2 2 7 0 0 52