First Integrity Title Market Report
Eloy, AZ
Condos/Townhomes
www.FirstIntegrityTitle.com | 303.837.9171
Eloy, AZ
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | ||
| Per Square Foot | ||
| Days on Market | ||
| Price Decreased | ||
| Price Increased | ||
| Relisted | ||
| Inventory | ||
| Median Rent | $580 | |
| Most Expensive | ||
| Least Expensive | ||
| Market Action | ||
Click for more charts
Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.