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

Sun Apr 18 2021
This week the median list price for Fountain Hills, AZ is $812,500 with the market action index hovering around 74. This is an increase over last month's market action index of 59. Inventory has held steady at or around 30. 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.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Fountain Hills, AZ

Sun Apr 18 2021
This week the median list price for Fountain Hills, AZ is $812,500 with the market action index hovering around 74. This is an increase over last month's market action index of 59. Inventory has held steady at or around 30. 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.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $812,500
Per Square Foot $286
Days on Market 21
Price Decreased 17%
Price Increased 7%
Relisted 3%
Inventory 30
Median Rent $3,700
Most Expensive $3,750,000
Least Expensive $350,000
Market Action 74
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$2,399,000 5,572 0.5 - 1 acre 5 5 12 1 2 35
$1,100,000 3,637 0.5 - 1 acre 3 3 23 2 5 21
$778,944 2,935 0.25 - 0.5 acre 4 3 24 3 3 14
$569,900 2,014 0.25 - 0.5 acre 3 2 32 5 4 0