First Arizona Title's Market Report

Fountain Hills, AZ

Single-Family Homes

First Arizona Title Agency | (480) 385-6500 | www.FirstAZTitle.com



Fountain Hills, AZ

Tue Sep 27 2022
This week the median list price for Fountain Hills, AZ is $899,900 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 99. Click here to stay informed with the Fountain Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Fountain Hills, AZ

Tue Sep 27 2022
This week the median list price for Fountain Hills, AZ is $899,900 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 99. Click here to stay informed with the Fountain Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $899,900
Median Price of New Listings $949,950
Per Square Foot $368
Average Days on Market 79
Median Days on Market 70
Price Decreased 63%
Price Increased 1%
Relisted 7%
Inventory 99
Median Rent
Market Action 36
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$2,074,999 4,409 1 - 2.5 acres 4 4.3 19 3 2 70
$1,099,000 2,745 0.25 - 0.5 acre 4 2.5 27 3 1 56
$795,000 2,368 0.25 - 0.5 acre 4 2.5 34 4 2 77
$598,500 1,868 0.25 - 0.5 acre 3 2 35 0 4 77