First Integrity Title Market Report

Gold Canyon, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Gold Canyon, AZ

Thu Dec 08 2022
This week the median list price for Gold Canyon, AZ is $490,000 with the market action index hovering around 31. This is an increase over last month's market action index of 28. Inventory has decreased to 117. Click here to stay informed with the Gold Canyon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Gold Canyon, AZ

Thu Dec 08 2022
This week the median list price for Gold Canyon, AZ is $490,000 with the market action index hovering around 31. This is an increase over last month's market action index of 28. Inventory has decreased to 117. Click here to stay informed with the Gold Canyon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Gold Canyon market.
Median List Price $490,000
Median Price of New Listings $425,000
Per Square Foot $284
Average Days on Market 88
Median Days on Market 56
Price Decreased 48%
Price Increased 1%
Relisted 3%
Inventory 117
Median Rent
Market Action 31
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,199,000 3,113 0.25 - 0.5 acre 4 3.5 16 1 1 91
$620,000 2,192 6,500 - 8,000 sqft 3 2 21 0 4 63
$465,000 1,741 6,500 - 8,000 sqft 3 2 20 0 1 49
$401,200 1,501 4,500 - 6,500 sqft 3 2 22 2 5 49