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

Wed Oct 04 2023
This week the median list price for Fountain Hills, AZ is $1,187,500 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has increased to 72. 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

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.

Fountain Hills, AZ

Wed Oct 04 2023
This week the median list price for Fountain Hills, AZ is $1,187,500 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has increased to 72. 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

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 Fountain Hills market.
Median List Price $1,187,500
Median Price of New Listings $827,000
Per Square Foot $403
Average Days on Market 100
Median Days on Market 70
Price Decreased 35%
Price Increased 6%
Relisted 10%
Inventory 72
Median Rent
Market Action 42
Slight Seller'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
$2,600,000 5,080 0.5 - 1 acre 4 5 14 2 1 84
$1,537,000 3,153 0.25 - 0.5 acre 4 4 15 0 2 77
$949,450 2,712 0.25 - 0.5 acre 4 3 29 3 1 52
$644,450 1,869 0.25 - 0.5 acre 3 2 36 3 2 35