Pango Group

El Mirage, AZ

Single-Family Homes

www.pangogroup.com



El Mirage, AZ

Sun Apr 14 2024
This week the median list price for El Mirage, AZ is $379,000 with the market action index hovering around 59. This is an increase over last month's market action index of 55. Inventory has decreased to 33. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

El Mirage, AZ

Sun Apr 14 2024
This week the median list price for El Mirage, AZ is $379,000 with the market action index hovering around 59. This is an increase over last month's market action index of 55. Inventory has decreased to 33. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the El Mirage market.
Median List Price $379,000
Median Price of New Listings $357,499
Per Square Foot $253
Average Days on Market 61
Median Days on Market 28
Price Decreased 58%
Price Increased 0%
Relisted 3%
Inventory 33
Median Rent
Market Action 59
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
$428,925 2,148 4,500 - 6,500 sqft 3 3 22 0 3 21
$387,000 1,610 4,500 - 6,500 sqft 3 2 22 0 1 31
$366,250 1,312 4,500 - 6,500 sqft 3 2 22 2 1 52
$349,999 1,106 4,500 - 6,500 sqft 3 2 25 2 5 28