Single-Family Homes
Mon May 05 2025
This week the median list price for Fountain Hills, AZ is $1,000,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 187.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.
Median List Price | $1,000,000 | |
Median Price of New Listings | $869,000 | |
Per Square Foot | $397 | |
Average Days on Market | 109 | |
Median Days on Market | 63 | |
Price Decreased | 61% | |
Price Increased | 2% | |
Relisted | 6% | |
Inventory | 187 | |
Median Rent | ||
Market Action | 32 | |
Slight Seller's Advantage |
The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,948,500 | 4,790 | 0.5 - 1 acre | 4 | 5 | 16 | 2 | 1 | 73 |
$1,399,000 | 3,573 | 0.25 - 0.5 acre | 4 | 4 | 26 | 4 | 5 | 105 |
$875,000 | 2,342 | 0.25 - 0.5 acre | 3 | 3 | 29 | 5 | 1 | 49 |
$635,000 | 1,800 | 0.25 - 0.5 acre | 3 | 2 | 36 | 6 | 7 | 56 |