Saturday, May 21, 2011

Queen Creek Arizona 85142 Real Estate Market Overview – Homes For Sale Queen Creek Arizona

This Week

The median list price in QUEEN CREEK, AZ 85142 this week is $139,900. The 387 homes for sale in Queen Creek have been on the market for an average of 123 days.

With inventory and days-on-market basically unchanged and the Market Action Index decreasing, the market is not sending strong directional signal for the near-term outlook.

Supply and Demand

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher.  Given inventory levels, these price conditions are relatively fragile.  If the market cools off further, the price trend is likely to reverse.

  

 We hope you find this short market overview useful.  Click here to view homes for sale in Queen Creek Arizona. Perspective Real Estate Group is ready to help you find your perfect Queen Creek home for sale.

For more information on Queen Creek Arizona homes for sale visit us at www.ArizonaPerspective.com

 Cari Gililland