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 Aug 01 2021
This week the median list price for Fountain Hills, AZ is $790,000 with the market action index hovering around 57. This is less than last month's market action index of 63. Inventory has increased to 63. 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

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

Sun Aug 01 2021
This week the median list price for Fountain Hills, AZ is $790,000 with the market action index hovering around 57. This is less than last month's market action index of 63. Inventory has increased to 63. 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

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 $790,000
Median Price of New Listings $839,900
Per Square Foot $319
Average Days on Market 40
Median Days on Market 28
Price Decreased 32%
Price Increased 3%
Relisted 0%
Inventory 63
Median Rent $4,750
Market Action 57
Strong Seller's Market

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
$2,399,000 5,906 1 - 2.5 acres 4 5 14 3 3 35
$887,000 2,783 0.25 - 0.5 acre 4 3 35 5 3 17
$699,500 2,149 0.25 - 0.5 acre 3 2 30 1 3 31
$525,000 1,761 8,000 - 10,000 sqft 3 2 34 2 5 21