First Integrity Title Market Report

Queen Creek, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Queen Creek, AZ

Fri Dec 01 2023
This week the median list price for Queen Creek, AZ is $566,900 with the market action index hovering around 24. This is less than last month's market action index of 28. Inventory has increased to 9. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Queen Creek, AZ

Fri Dec 01 2023
This week the median list price for Queen Creek, AZ is $566,900 with the market action index hovering around 24. This is less than last month's market action index of 28. Inventory has increased to 9. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Queen Creek market.
Median List Price $566,900
Median Price of New Listings $0
Per Square Foot $342
Average Days on Market 44
Median Days on Market 42
Price Decreased 22%
Price Increased 11%
Relisted 0%
Inventory 9
Median Rent
Market Action 24
Slight Buyer's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$747,445 1,608 0 - 4,500 sqft 2 2 1 0 0 77
$577,400 1,678 0 - 4,500 sqft 2 2 0 0 0 45
$563,400 1,678 0 - 4,500 sqft 2 2 0 0 0 52
$432,500 1,321 0 - 4,500 sqft 2 2 7 0 0 14