Your Localized Market Report

Fountain Hills, AZ

Single-Family Homes

Lawyers Title Arizona & Grand Canyon Title Agency www.LawyersTitleArizona.com & www.gcta.com


Fountain Hills, AZ

Mon Dec 11 2023
This week the median list price for Fountain Hills, AZ is $1,024,500 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has decreased to 96. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Fountain Hills, AZ

Mon Dec 11 2023
This week the median list price for Fountain Hills, AZ is $1,024,500 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has decreased to 96. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $1,024,500
Median Price of New Listings $1,200,000
Per Square Foot $381
Average Days on Market 94
Median Days on Market 63
Price Decreased 48%
Price Increased 3%
Relisted 9%
Inventory 96
Median Rent
Market Action 39
Slight Seller's Advantage

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. 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
$2,784,000 4,506 0.5 - 1 acre 4 5 14 2 3 77
$1,410,000 3,142 0.25 - 0.5 acre 4 4 20 2 2 84
$874,000 2,491 0.25 - 0.5 acre 3 3 28 2 7 42
$650,000 1,914 0.25 - 0.5 acre 3 2 35 1 3 73