First Integrity Title Market Report

Gold Canyon, AZ

Single-Family Homes

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Gold Canyon, AZ

Fri Apr 12 2024
This week the median list price for Gold Canyon, AZ is $575,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has increased to 175. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Gold Canyon, AZ

Fri Apr 12 2024
This week the median list price for Gold Canyon, AZ is $575,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has increased to 175. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Gold Canyon market.
Median List Price $575,000
Median Price of New Listings $625,000
Per Square Foot $290
Average Days on Market 109
Median Days on Market 63
Price Decreased 46%
Price Increased 6%
Relisted 6%
Inventory 175
Median Rent
Market Action 32
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
$1,799,000 3,900 0.5 - 1 acre 4 4 16 3 1 91
$839,500 2,615 8,000 - 10,000 sqft 3 3 17 5 1 73
$478,950 1,882 6,500 - 8,000 sqft 3 2 22 1 2 35
$404,950 1,605 4,500 - 6,500 sqft 3 2 15 6 7 52