January 2025 Queen Creek Housing Market Report

Source for monthly Queen Creek Housing Market Report by Realtors serving Queen Creek, AZ. Information is power. Facts not fiction from the Arizona Regional Multiple Listing Service (ARMLS).

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LISTINGS TO BEGIN JANUARY and DECEMBER RESULTS

(Table may require a swipe left on mobile devices)

Strong Buyer's Market

Buyer's Market

Balanced

Seller's Market

Strong Seller's Market

On a price per-square foot average (see table below):

• At $254 per-square foot in December, prices are down $12 from November, up $3 from last December, but down $16 from their peak in May '22
  

• Last month, sellers received an average of -$9,683 less than their asking prices
  

• January 2025 began 406 listings, which is 113% of the 3 year average of 360  (from 2022-2024) 
  

• December had 115 sales, or 80% of the 3 year average of 144 (from 2021-2023)
  

• Queen Creek is currently turning over housing inventory once every 3.6 months
  

• Days on market for sold homes are currently 102
  

• Bank-owned properties and short sales made up 0.0% of all Queen Creek sales last month

Queen Creek Housing Market Report Updated in January 2025

To reduce data errors results are based on:

1. Queen Creek SOLD single family residences, patio homes, and townhomes (ask us about condos)

2. List/sales price under $1,000,000

3. Size over 1,000 sq ft.

4. Calendar month

Queen Creek sales data below will increase your understanding the local housing market (we have city data archived back to January 2008).

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  Table Explanation

(Table may require a swipe left on mobile devices)

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Month	Total Active	Total Sold	% Sold	MO. INV.	Sq ft	Price	DOM	$$ sq ft	+/- List Price
Jan-25	406
Dec-24	413	115	27.8%	3.6	2,519	$639,115	102	$254	-$9,683
Nov-24	452	89	19.7%	5.1	2,506	$667,214	100	$266	-$8,581
Oct-24	432	121	28.0%	3.6	2,639	$679,817	89	$258	-$6,567
Sep-24	444	116	26.1%	3.8	2,568	$643,590	83	$251	-$9,102
Aug-24	417	124	29.7%	3.4	2,592	$656,179	94	$253	-$9,649
Jul-24	424	128	30.2%	3.3	2,444	$624,633	79	$256	-$8,408
Jun-24	415	136	32.8%	3.1	2,557	$659,644	88	$258	-$12,792
May-24	412	146	35.4%	2.8	2,447	$639,725	72	$261	-$7,000
Apr-24	415	125	30.1%	3.3	2,561	$664,992	88	$260	-$6,711
Mar-24	364	115	31.6%	3.2	2,428	$632,350	82	$260	-$10,345
Feb-24	343	124	36.2%	2.8	2,330	$607,462	92	$261	-$6,601
Jan-24	363	81	22.3%	4.5	2,400	$624,259	80	$260	-$7,246
Dec-23	382	92	24.1%	4.2	2,424	$609,274	72	$251	-$8,950
Nov-23	375	86	22.9%	4.4	2,410	$636,214	65	$264	-$6,749
Oct-23	349	94	26.9%	3.7	2,514	$639,133	68	$254	-$6,692
Sep-23	329	121	36.8%	2.7	2,501	$625,810	79	$250	-$10,602
Aug-23	316	123	38.9%	2.6	2,500	$610,273	77	$244	-$8,442
Jul-23	323	114	35.3%	2.8	2,502	$605,570	79	$242	-$8,410
Jun-23	301	166	55.1%	1.8	2,553	$610,689	81	$239	-$6,000
May-23	337	177	52.5%	1.9	2,521	$607,281	85	$241	-$8,129
Apr-23	372	155	41.7%	2.4	2,456	$588,551	96	$240
Mar-23	427	169	39.6%	2.5	2,422	$579,729	87	$239
Feb-23	435	117	26.9%	3.7	2,351	$567,210	96	$241
Jan-23	454	87	19.2%	5.2	2,402	$574,271	94	$239
Dec-22	508	87	17.1%	5.8	2,551	$587,327	72	$230
Nov-22	512	94	18.4%	5.4	2,392	$601,562	71	$251
Oct-22	538	114	21.2%	4.7	2,388	$599,748	52	$251
Sep-22	511	110	21.5%	4.6	2,405	$605,561	49	$252
Aug-22	488	120	24.6%	4.1	2,534	$635,424	45	$251
Jul-22	358	120	33.5%	3.0	2,472	$656,352	31	$266
Jun-22	260	166	63.8%	1.6	2,444	$655,626	32	$268
May-22	145	162	111.7%	0.9	2,340	$631,612	25	$270
Apr-22	84	153	182.1%	0.5	2,292	$610,540	25	$266
Mar-22	65	203	312.3%	0.3	2,314	$597,944	28	$258
Feb-22	81	139	171.6%	0.6	2,355	$591,418	34	$251
Jan-22	120	129	107.5%	0.9	2,300	$560,642	31	$244

Table Explanation for Queen Creek Housing Market Report

NOTE: we use the term “foreclosure” to describe bank owned homes and short sales because most people are familiar with it. “Distressed Properties” may be more accurate.

1. Total Active – # of homes for sale at the beginning of the current month

2. Total Sold – # of homes sold in the current month

3. % Sold – a ratio of total sold to total active

4. MO. INV. – based on total sold, how many months it would take to sell the total “active” inventory

5. Sq ft – average square footage of sold homes

6. Price – average sales price of sold homes

7. DOM – Days On Market, or average days to sale

8. $ sq ft – average price per square foot

9. +/- List Price – the average dollars received by sellers above or below their average list prices

Monthly Queen Creek Housing Market Report by Realtors serving Queen Creek