First Arizona Title's Market Report

Maricopa, AZ

Single-Family Homes

First Arizona Title Agency | (480) 385-6500 | www.FirstAZTitle.com



Maricopa, AZ

Sat Nov 27 2021
This week the median list price for Maricopa, AZ is $399,900 with the market action index hovering around 61. This is an increase over last month's market action index of 58. Inventory has increased to 256. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Maricopa, AZ

Sat Nov 27 2021
This week the median list price for Maricopa, AZ is $399,900 with the market action index hovering around 61. This is an increase over last month's market action index of 58. Inventory has increased to 256. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Maricopa market.
Median List Price $399,900
Median Price of New Listings $386,990
Per Square Foot $191
Average Days on Market 36
Median Days on Market 21
Price Decreased 36%
Price Increased 7%
Relisted 3%
Inventory 256
Median Rent $1,995
Market Action 61
Strong Seller's Market

The market seems to have paused around its high point. 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
$469,947 2,933 6,500 - 8,000 sqft 4 3 14 9 7 45
$425,000 2,285 6,500 - 8,000 sqft 4 2.5 13 20 14 31
$381,000 1,975 4,500 - 6,500 sqft 4 2 4 22 16 14
$347,995 1,622 4,500 - 6,500 sqft 3 2 14 24 19 7