Lawyers Title Market Report

Maricopa, AZ 85138

Single-Family Homes

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Maricopa, AZ 85138

Mon Jun 21 2021
This week the median list price for Maricopa, AZ 85138 is $369,995 with the market action index hovering around 65. This is less than last month's market action index of 68. Inventory has increased to 138. Click here to stay informed with the Maricopa market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Maricopa, AZ 85138

Mon Jun 21 2021
This week the median list price for Maricopa, AZ 85138 is $369,995 with the market action index hovering around 65. This is less than last month's market action index of 68. Inventory has increased to 138. Click here to stay informed with the Maricopa market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Maricopa market.
Median List Price $369,995
Median Price of New Listings $359,000
Per Square Foot $177
Average Days on Market 25
Median Days on Market 21
Price Decreased 12%
Price Increased 13%
Relisted 1%
Inventory 138
Median Rent $1,849
Market Action 65
Strong Seller's Market

We continue to see prices in this zip code hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$446,450 2,849 6,500 - 8,000 sqft 4 3 5 6 7 21
$394,950 2,258 6,500 - 8,000 sqft 4 3 8 7 5 24
$354,999 1,938 6,500 - 8,000 sqft 3 2 15 11 7 14
$311,620 1,626 4,500 - 6,500 sqft 3 2 14 11 12 14