Lawyers Title Market Report

Fountain Hills, AZ

Single-Family Homes

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Fountain Hills, AZ

Mon Jun 21 2021
This week the median list price for Fountain Hills, AZ is $849,000 with the market action index hovering around 73. This is an increase over last month's market action index of 72. Inventory has decreased to 43. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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

Mon Jun 21 2021
This week the median list price for Fountain Hills, AZ is $849,000 with the market action index hovering around 73. This is an increase over last month's market action index of 72. Inventory has decreased to 43. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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 $849,000
Median Price of New Listings $934,950
Per Square Foot $311
Average Days on Market 67
Median Days on Market 14
Price Decreased 30%
Price Increased 7%
Relisted 5%
Inventory 43
Median Rent $3,948
Market Action 73
Strong Seller's Market

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
$2,722,500 6,123 0.5 - 1 acre 5 5 14 2 3 45
$1,100,000 3,670 0.5 - 1 acre 4 3 26 2 4 14
$769,900 2,366 0.25 - 0.5 acre 3 3 26 1 3 14
$557,100 2,303 0.25 - 0.5 acre 4 2 37 3 4 35