First Integrity Title Market Report

Gold Canyon, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Gold Canyon, AZ

Mon Jun 17 2024
This week the median list price for Gold Canyon, AZ is $475,000 with the market action index hovering around 31. This is less than last month's market action index of 34. Inventory has decreased to 11. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Mon Jun 17 2024
This week the median list price for Gold Canyon, AZ is $475,000 with the market action index hovering around 31. This is less than last month's market action index of 34. Inventory has decreased to 11. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $475,000
Median Price of New Listings $0
Per Square Foot $261
Average Days on Market 90
Median Days on Market 56
Price Decreased 27%
Price Increased 0%
Relisted 18%
Inventory 11
Median Rent
Market Action 31
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
$864,500 2,831 6,500 - 8,000 sqft 3 3 26 0 0 77
$515,000 1,850 0 - 4,500 sqft 2 2 19 0 1 56
$449,000 1,900 4,500 - 6,500 sqft 3 2 19 0 1 56
$384,000 1,421 0 - 4,500 sqft 2 2 24 0 1 42