First Integrity Title Market Report

El Mirage, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



El Mirage, AZ

Thu Feb 25 2021
This week the median list price for El Mirage, AZ is $279,500 with the market action index hovering around 97. This is less than last month's market action index of 99. Inventory has held steady at or around 4. Click here to stay informed with the El Mirage market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

El Mirage, AZ

Thu Feb 25 2021
This week the median list price for El Mirage, AZ is $279,500 with the market action index hovering around 97. This is less than last month's market action index of 99. Inventory has held steady at or around 4. Click here to stay informed with the El Mirage market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the El Mirage market.
Median List Price $279,500
Per Square Foot $203
Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent $1,683
Most Expensive $314,722
Least Expensive $230,000
Market Action 97
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$314,722 1,862 0 - 4,500 sqft 4 2 19 1 1 0
$300,000 822 8,000 - 10,000 sqft 3 2 76 0 2 14
$259,000 2,002 8,000 - 10,000 sqft 4 25 20 1 2 0
$230,000 964 4,500 - 6,500 sqft 2 1 21 1 2 0