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

Wed May 22 2024
This week the median list price for Fountain Hills, AZ is $1,175,000 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has decreased to 113. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Fountain Hills, AZ

Wed May 22 2024
This week the median list price for Fountain Hills, AZ is $1,175,000 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has decreased to 113. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $1,175,000
Median Price of New Listings $949,500
Per Square Foot $424
Average Days on Market 98
Median Days on Market 63
Price Decreased 53%
Price Increased 5%
Relisted 11%
Inventory 113
Median Rent
Market Action 37
Slight Seller's Advantage

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
$3,125,000 4,552 0.5 - 1 acre 4 5 16 2 2 77
$1,672,499 3,397 0.5 - 1 acre 4 4 22 2 0 101
$904,995 2,662 0.25 - 0.5 acre 3 3 29 7 2 31
$675,000 1,913 8,000 - 10,000 sqft 3 2 28 3 4 56