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 28 2021
This week the median list price for Fountain Hills, AZ is $965,000 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has decreased to 47. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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

Tue Sep 28 2021
This week the median list price for Fountain Hills, AZ is $965,000 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has decreased to 47. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 $965,000
Median Price of New Listings $810,000
Per Square Foot $333
Average Days on Market 67
Median Days on Market 49
Price Decreased 36%
Price Increased 6%
Relisted 6%
Inventory 47
Median Rent $5,600
Market Action 62
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. 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
$2,995,000 7,010 1 - 2.5 acres 5 6 14 1 1 70
$1,295,000 4,110 1 - 2.5 acres 4 3 35 2 2 73
$764,950 2,796 0.25 - 0.5 acre 4 3 36 4 5 17
$574,900 1,704 0.25 - 0.5 acre 3 2 35 2 7 14