Your Localized Market Report

Fountain Hills, AZ

Single-Family Homes

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Fountain Hills, AZ

Mon Feb 06 2023
This week the median list price for Fountain Hills, AZ is $899,400 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has increased to 98. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Fountain Hills, AZ

Mon Feb 06 2023
This week the median list price for Fountain Hills, AZ is $899,400 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has increased to 98. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Fountain Hills market.
Median List Price $899,400
Median Price of New Listings $792,500
Per Square Foot $354
Average Days on Market 96
Median Days on Market 77
Price Decreased 38%
Price Increased 2%
Relisted 11%
Inventory 98
Median Rent
Market Action 36
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
$2,045,000 4,676 0.5 - 1 acre 4 4.5 16 0 0 126
$1,164,500 3,232 0.5 - 1 acre 4 3 26 2 2 66
$820,000 2,538 0.25 - 0.5 acre 3 3 27 4 2 77
$650,000 1,962 0.25 - 0.5 acre 3 2 36 4 6 70