Lawyers Title Market Report

Fountain Hills, AZ

Single-Family Homes

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Fountain Hills, AZ

Sat Dec 15 2018
This week the median list price for Fountain Hills, AZ is $627,500 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 268. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Fountain Hills, AZ

Sat Dec 15 2018
This week the median list price for Fountain Hills, AZ is $627,500 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 268. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $627,500
Per Square Foot $223
Days on Market 147
Price Decreased 38%
Price Increased 2%
Relisted 4%
Inventory 268
Median House Rent $2,998
Most Expensive $4,500,000
Least Expensive $118,000
Market Action Index
Slight Buyer's Advantage
28

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
$1,675,000 5,453 1 - 2.5 acres 4 4 13 2 4 246
$825,000 3,636 0.5 - 1 acre 4 3 18 1 2 156
$510,000 2,484 0.25 - 0.5 acre 3 2 25 5 6 115
$365,000 1,720 0.25 - 0.5 acre 3 2 32 9 5 69