Week Ending 12/2/18
85257 85251 85250
Median List Price $389,750 $475,000 $499,900
Price/Foot (Active) $243.00 $257.00 $253.00
Average Days on Market 58 69 70
% of Properties with Price Decrease 60% 58% 48%
% Price Increase (Flip) 0% 5% 3%
% Relisted 7% 5% 5%
Inventory 84 111 61
Median House Rent $1,800 $1,160 $10,500
Most Expensive $839,000 $5,900,000 $3,150,000
Least Expensive $273,000 $135,000 $314,900
Market Action Index** 42 35 33
** NOTE: The Market Action Index measures the current rate of sale versus the amount of inventory. An Index above 30 implies a Seller’s Market and below favors Buyers.