Lawyers Title Market Report

Sun City, AZ 85373

Single-Family Homes

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Sun City, AZ 85373

Mon Jun 21 2021
This week the median list price for Sun City, AZ 85373 is $379,000 with the market action index hovering around 93. This is an increase over last month's market action index of 92. Inventory has decreased to 11. Click here to stay informed with the Sun City 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.

Sun City, AZ 85373

Mon Jun 21 2021
This week the median list price for Sun City, AZ 85373 is $379,000 with the market action index hovering around 93. This is an increase over last month's market action index of 92. Inventory has decreased to 11. Click here to stay informed with the Sun City 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 Sun City market.
Median List Price $379,000
Median Price of New Listings $379,000
Per Square Foot $197
Average Days on Market 17
Median Days on Market 7
Price Decreased 64%
Price Increased 0%
Relisted 0%
Inventory 11
Median Rent $2,400
Market Action 93
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$429,500 2,059 6,500 - 8,000 sqft 3 2 23 1 3 3
$390,000 2,026 8,000 - 10,000 sqft 2 2 43 1 1 7
$369,900 1,827 8,000 - 10,000 sqft 2 2 45 2 2 7
$297,500 1,480 8,000 - 10,000 sqft 2 2 46 1 2 35