First Integrity Title Market Report

Queen Creek, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Queen Creek, AZ

Thu Mar 28 2024
This week the median list price for Queen Creek, AZ is $574,900 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has decreased to 13. 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

Thu Mar 28 2024
This week the median list price for Queen Creek, AZ is $574,900 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has decreased to 13. 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 $574,900
Median Price of New Listings $461,000
Per Square Foot $343
Average Days on Market 99
Median Days on Market 77
Price Decreased 31%
Price Increased 0%
Relisted 0%
Inventory 13
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 77
$577,900 1,678 0 - 4,500 sqft 2 2 1 0 0 126
$573,900 1,678 0 - 4,500 sqft 2 2 1 0 0 77
$527,450 1,510 0 - 4,500 sqft 2 2 2 2 1 80