🏡 Sales Market
Active Listings: 393 (-6.2% YoY)
→ Inventory has been gradually declining year-over-year, signaling a tighter supply compared to early 2025
Median Sold $/SF: $251.81 (+3.4% YoY)
→ Prices rebounded this month after February’s dip, suggesting continued demand for well-positioned homes
Average Days on Market: 60 (+26% YoY)
→ Homes are still taking longer to sell than last year, though showing improvement from February
30-Year Mortgage Rate: 6.44%
→ Rates jumped this month, which may begin to slow buyer momentum heading into spring
🏘️ Rental Market
Active Listings: 23 (+15% YoY)
→ Rental supply remains higher than last year, but has dropped sharply month-over-month
Median Rented $/SF: $1.45 (-5.2% YoY)
→ Despite a strong monthly increase, rents are still down compared to last year overall
Median Days on Market: 20 (0% YoY)
→ Rentals are moving quickly again, a major shift from the slower pace seen earlier this year
📉 Key Takeaways
- Inventory is tightening slightly, especially on the rental side
- Home prices showed a strong rebound this month
- Higher mortgage rates could create affordability pressure moving forward
- Rental demand is picking up, with faster leasing times and rising short-term pricing
👉 Overall:
Apache Junction is showing signs of stabilization with improving pricing and strong rental activity, but rising mortgage rates could become a headwind as we move deeper into the spring market.