Lawyers Title Market Report

Fountain Hills, AZ

Single-Family Homes

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Fountain Hills, AZ

Wed Nov 13 2019
This week the median list price for Fountain Hills, AZ is $839,500 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has held steady at or around 206. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Fountain Hills, AZ

Wed Nov 13 2019
This week the median list price for Fountain Hills, AZ is $839,500 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has held steady at or around 206. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $839,500
Per Square Foot $245
Days on Market 146
Price Decreased 45%
Price Increased 1%
Relisted 4%
Inventory 206
Median House Rent $5,000
Most Expensive $6,500,000
Least Expensive $229,900
Market Action Index
Slight Seller's Advantage
32

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,800,000 5,394 1 - 2.5 acres 4 5 10 3 0 245
$1,050,000 4,050 0.5 - 1 acre 4 3 18 4 0 159
$662,450 3,181 0.25 - 0.5 acre 4 3 21 4 3 118
$409,500 1,940 0.25 - 0.5 acre 3 2 31 8 5 64