First Integrity Title Market Report
Eloy, AZ
Condos/Townhomes
www.FirstIntegrityTitle.com | 888-636-0372
Eloy, AZ
Thu Apr 25 2024
This week the median list price for Eloy, AZ is $417,389 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has decreased to 4.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Home sales have been exceeding new inventory for several weeks. While still a Buyer's market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.
Real-Time Market Profile
| Median List Price | $417,389 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $276 | |
| Average Days on Market | 96 | |
| Median Days on Market | 49 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 4 | |
| Median Rent | ||
| Market Action | 29 | |
| Slight Buyer's Advantage | ||
Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.
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 |
|---|---|---|---|---|---|---|---|---|
| $421,559 | 1,508 | 4,500 - 6,500 sqft | 2 | 2 | 1 | 0 | 0 | 49 |
| $418,493 | 1,508 | 0 - 4,500 sqft | 2 | 2 | 1 | 0 | 0 | 49 |
| $416,286 | 1,508 | 0 - 4,500 sqft | 2 | 2 | 1 | 0 | 0 | 252 |
| $339,000 | 1,404 | 0 - 4,500 sqft | 2 | 2 | 3 | 0 | 0 | 35 |