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

Fri May 27 2022
This week the median list price for Fountain Hills, AZ is $1,049,900 with the market action index hovering around 67. This is less than last month's market action index of 73. Inventory has increased to 53. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Fountain Hills, AZ

Fri May 27 2022
This week the median list price for Fountain Hills, AZ is $1,049,900 with the market action index hovering around 67. This is less than last month's market action index of 73. Inventory has increased to 53. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $1,049,900
Median Price of New Listings $912,000
Per Square Foot $379
Average Days on Market 40
Median Days on Market 14
Price Decreased 32%
Price Increased 8%
Relisted 2%
Inventory 53
Median Rent
Market Action 67
Strong Seller's Market

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,479,000 4,950 1 - 2.5 acres 4 4.5 16 2 3 21
$1,300,000 3,209 0.25 - 0.5 acre 5 3 32 5 3 7
$910,000 2,746 0.25 - 0.5 acre 4 2.5 33 5 7 28
$581,950 1,655 8,000 - 10,000 sqft 3 2 34 6 4 17