Lawyers Title Market Report

Fountain Hills, AZ

Single-Family Homes

Lawyers Title Arizona | www.LawyersTitleArizona.com | 602.257.2600



Fountain Hills, AZ

Fri Aug 23 2019
This week the median list price for Fountain Hills, AZ is $717,450 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has held steady at or around 170. Click here to stay informed with the Fountain Hills market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Fountain Hills, AZ

Fri Aug 23 2019
This week the median list price for Fountain Hills, AZ is $717,450 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has held steady at or around 170. Click here to stay informed with the Fountain Hills market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $717,450
Per Square Foot $229
Days on Market 176
Price Decreased 36%
Price Increased 3%
Relisted 7%
Inventory 170
Median House Rent $3,700
Most Expensive $7,700,000
Least Expensive $229,900
Market Action Index
Slight Seller's Advantage
36

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,724,450 5,244 0.5 - 1 acre 4 5 12 1 1 320
$964,250 3,868 0.5 - 1 acre 4 3 17 2 0 201
$619,000 3,028 0.25 - 0.5 acre 4 3 22 3 1 132
$415,000 1,950 0.25 - 0.5 acre 3 2 31 9 12 56