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 Jul 05 2022
This week the median list price for Fountain Hills, AZ is $959,950 with the market action index hovering around 53. This is less than last month's market action index of 61. Inventory has increased to 92. 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

Tue Jul 05 2022
This week the median list price for Fountain Hills, AZ is $959,950 with the market action index hovering around 53. This is less than last month's market action index of 61. Inventory has increased to 92. 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 $959,950
Median Price of New Listings $862,450
Per Square Foot $367
Average Days on Market 36
Median Days on Market 21
Price Decreased 40%
Price Increased 2%
Relisted 5%
Inventory 92
Median Rent
Market Action 53
Strong Seller's Market

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
$1,950,000 4,115 0.25 - 0.5 acre 4 4 22 2 4 35
$1,145,000 2,950 0.25 - 0.5 acre 4 3 27 2 1 28
$849,900 2,464 0.25 - 0.5 acre 3 2.5 36 7 1 14
$645,000 1,868 0.25 - 0.5 acre 3 2 34 3 2 21