The Market Action Index
answers the question “How is the market in this area?” The MAI illustrates the balance between supply and demand for housing using a statistical function of the current rate of sale versus current inventory for homes in the sample area around greater Phoenix. The scale ranges from 0-60 and 30 shows balance.
When the MAI reading exceeds 30, it is considered a “seller’s market.” These conditions will likely reflect steady or rising prices and moderate to low inventory.
An MAI reading between 27-33 indicates an evenly balanced market between sellers and buyers.
When the MAI falls below 30, it is considered a “buyer’s market.” These conditions will likely reflect steady or falling prices and moderate to high inventory.