Published: | Data as of: | Compared to: | Coverage: Queen Creek, AZ (city-level) | Source: Cromford® Daily Market Snapshot (Single Family Detached)
Queen Creek | Arizona | Market Updates
Queen Creek Housing Market May 2026
Queen Creek, AZ - city-level snapshot for single-family detached homes.
Q: What is happening in the Queen Creek housing market right now?
A: As of , Queen Creek is a buyer's market: 3.7 months of supply (excluding UCB/CCBS), median monthly sold price $674,995, days on market (sold) 83 days,
and an average sale-to-list of 97.99%. The Cromford® Market Index sits at 56.7 — well below the buyer-market threshold, and deeper into buyer territory than last month's 64.4.
What this means
- Negotiation: Homes are selling for about 97.99% of list price on average - roughly 2.01% under asking (varies by home). That improved slightly from last month's 97.53%, but the CMI drop is the more important leverage signal.
- How much is for sale: Inventory is 3.7 months (excluding UCB/CCBS) — slightly tighter than last month's 3.9. The CMI falling from 64.4 to 56.7 in a single month is the bigger signal: supply pressure is building fast.
- How long it takes: Recently-sold homes averaged 83 days on market - down from 92 days last month, and matching last quarter. Active listings are averaging 78 days. Homes are moving faster, but the buyer's market framing still holds.
- Pricing reality ($/SF): Monthly sold $/SF dropped to $273.27 while active list $/SF rose to $318.10. That is a $44.83/SF gap between what sellers are asking and what buyers are paying - and that spread is where negotiations happen.
This is a rolling snapshot (today vs the same date last month) so buyers and sellers can track leverage shifts without waiting for end-of-month reporting.
Written by Andrea Scheppe, Phoenix native and REALTOR® with HomeSmart Elite, Valley Solutions Team.
Queen Creek reality check: The CMI just dropped from 64.4 to 56.7 in a single month - that is a meaningful move deeper into buyer territory, and the Supply Index jumping from 156.1 to 173.5 tells you why. More supply, slightly softer demand (Demand Index slipped from 100.6 to 98.4). On the surface some things look encouraging: DOM sold improved from 92 to 83 days, sale-to-list ticked up to 97.99%, and median monthly price held at $674,995. But the listing success rate dropped from 81.7% to 73.1%, meaning more than one in four listings right now is not finding a buyer. This market rewards correct pricing and punishes everything else.
Median sold price (monthly sales)
$674,995 UP ($669,593 → $674,995)
Inventory (months of supply, excl. UCB)
3.7 mo TIGHTER (3.9 → 3.7)
Speed (DOM, sold)
83 days FASTER (92 → 83)
Negotiation (avg sale price % of list)
97.99% FIRMER (97.53% → 97.99%)
Market call
Market: BUYER'S MARKET
The Cromford® Market Index dropped from 64.4 to 56.7 this month - anything well under 90 is buyer territory, and Queen Creek is moving further in that direction, not stabilizing. The Supply Index climbed to 173.5 (up from 156.1), meaning there is significantly more inventory relative to demand than a month ago. The Demand Index slipped below 100 to 98.4 - not a collapse, but directionally wrong for sellers.
Quick pulse vs last month ( → ):
active listings 513 → 503, pending 104 → 113,
under contract 167 → 167 (unchanged), and sales/month 116 → 122.
Pricing per sq ft: Active list $/SF $316.20 → $318.10; Monthly sold $/SF $295.91 → $273.27; Under contract $/SF $287.42 → $286.91.
List prices edged up while sold $/SF dropped nearly $23 month over month - that gap is the story. Buyers are not paying what sellers are asking.
Buyer standings - May 2026 (what to do)
Here is the buyer takeaway for May 2026.
- The CMI is your friend: At 56.7, this is the deepest buyer's market Queen Creek has been in at least a year. That is real leverage - use it thoughtfully. Well-priced homes still attract competition, but overpriced listings are sitting.
- Use the $/SF gap: Active list is $318.10/SF vs monthly sold $273.27/SF. That $44.83 spread is the largest it has been in recent memory. If a listing is priced well above what is actually closing, that gap is your opening for price reduction requests or seller concessions.
- DOM is improving but still significant: Sold DOM is now 83 days (down from 92 last month). Listings that have been sitting 60-plus days are where concessions show up most reliably - do not hesitate to ask.
- Annual median is flat: Annual median price is $669,990 - exactly matching last year. No crash, but no appreciation either. Buying now means you are not racing against rising values.
- Pending activity picked up: Pending listings moved from 104 to 113. If that continues, some of the current inventory advantage starts compressing. The window is open - but not permanently.
Seller standings - May 2026 (what matters)
- The CMI dropped hard: From 64.4 to 56.7 in one month. Buyers know they have options. Sellers who price to the market are still getting deals done - the ones pricing above comps are sitting.
- Listing success rate fell: 81.7% → 73.1% month over month. More than one in four listings is not selling right now. Execution - price, condition, and marketing - matters more than it did last month.
- Price to where homes are actually closing: Monthly sold $/SF is $273.27. Active listings are averaging $318.10/SF. The closer you are to supported comps, the faster you move and the fewer concessions you end up giving away at the table.
- Negotiation improved slightly: Sale-to-list is 97.99% - up from 97.53% last month. Well-positioned listings are still commanding close to asking price. The problem is not buyers refusing to pay - it is sellers listing too high to begin with.
- Annual dollar volume is strong: $1.033 billion over the past 12 months. The buyers are in this market - they are just selective. Meet them where the data says they are buying.
Notes & FAQ
This is a rolling daily snapshot (today vs the same date last month), using Queen Creek single-family detached metrics from the Cromford® Daily Market Snapshot.
It is designed to answer "where do buyers and sellers stand right now?" without waiting for end-of-month reporting.
Quick definitions: Months of supply = how much is for sale, DOM = how long it takes to sell, sale-to-list = how much negotiation is happening, and $/SF = price per square foot.
What is Queen Creek's inventory right now?
About 3.7 months of supply (excluding UCB/CCBS) as of .
Are buyers negotiating in Queen Creek?
Yes. Sale-to-list is 97.99% as of - sellers are averaging about 2.01% below asking. That improved slightly from last month, but the CMI drop to 56.7 indicates buyers hold the structural advantage.
Is Queen Creek a buyer's market right now?
Yes. The Cromford® Market Index is 56.7 as of - well under the buyer-market threshold, and lower than last month's 64.4. Buyers have real leverage here.
What is the median home price in Queen Creek?
The median sold price for monthly sales is $674,995 as of . The annual median is $669,990, flat compared to $669,990 last year.
Open: Queen Creek daily snapshot table (Today vs last month vs last quarter vs last year vs 2 years ago)
Queen Creek Daily Market Snapshot - Single Family Detached
| Metric | Today () | Last month () | Last quarter () | Last year () | 2 years ago () |
|---|
| Active listings | 503 | 513 | 440 | 551 | 466 |
| UCB & CCBS listings | 54 | 63 | 61 | 50 | 61 |
| Active listings excl. UCB | 449 | 450 | 379 | 501 | 405 |
| Pending listings | 113 | 104 | 96 | 121 | 132 |
| Listings under contract | 167 | 167 | 157 | 171 | 193 |
| Sales per month | 122 | 116 | 68 | 137 | 116 |
| Sales per year | 1,306 | 1,318 | 1,345 | 1,334 | 1,200 |
| Days on market (sold) | 83 | 92 | 83 | 77 | 71 |
| Days on market (active) | 78 | 81 | 91 | 74 | 83 |
| Days inventory excl. UCB | 126 | 125 | 103 | 137 | 124 |
| Months of supply (excl. UCB) | 3.7 | 3.9 | 5.6 | 3.7 | 3.5 |
| Active listings $/SF | $318.10 | $316.20 | $319.62 | $314.52 | $306.70 |
| Under contract $/SF | $286.91 | $287.42 | $307.19 | $288.30 | $294.33 |
| Monthly sales $/SF | $273.27 | $295.91 | $285.63 | $271.93 | $284.99 |
| Annual sales $/SF | $280.35 | $280.07 | $277.45 | $275.45 | $268.40 |
| Avg sale price % of list | 97.99% | 97.53% | 97.27% | 97.91% | 98.63% |
| Listing success rate | 73.1% | 81.7% | 69.4% | 77.4% | 83.5% |
| Monthly dollar volume | $93M | $102M | $57M | $100M | $92M |
| Annual dollar volume | $1,033M | $1,038M | $1,037M | $1,021M | $876M |
| Average price (monthly sales) | $759,143 | $875,222 | $838,853 | $728,473 | $797,165 |
| Average price (annual sales) | $791,222 | $787,447 | $771,261 | $765,430 | $730,281 |
| Median price (monthly sales) | $674,995 | $669,593 | $725,000 | $635,000 | $694,500 |
| Median price (annual sales) | $669,990 | $665,360 | $665,000 | $669,990 | $644,457 |
| Average SF (monthly sales) | 2,778 | 2,958 | 2,937 | 2,679 | 2,797 |
| Average SF (annual sales) | 2,822 | 2,812 | 2,780 | 2,779 | 2,721 |
| Contract ratio | 37.2 | 37.1 | 41.4 | 34.1 | 47.7 |
| Cromford® Supply Index | 173.5 | 156.1 | 138.9 | 189.8 | 160.9 |
| Cromford® Demand Index | 98.4 | 100.6 | 88.3 | 109.4 | 105.3 |
| Cromford® Market Index | 56.7 | 64.4 | 63.6 | 57.6 | 65.4 |
Note: "months of supply" is reported excluding UCB/CCBS inventory.
Disclaimer (method): This post uses the Cromford® Daily Market Snapshot for Queen Creek single-family detached homes,
comparing against the same-day snapshot from (and prior periods where shown). Numbers can shift as listings change status and sales record.
Verify current conditions for time-sensitive pricing or offer decisions.
