First Integrity Title Market Report

Maricopa, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Maricopa, AZ

Mon Dec 02 2024
This week the median list price for Maricopa, AZ is $385,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 588. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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

Mon Dec 02 2024
This week the median list price for Maricopa, AZ is $385,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 588. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $385,000
Median Price of New Listings $390,000
Per Square Foot $196
Average Days on Market 79
Median Days on Market 56
Price Decreased 50%
Price Increased 15%
Relisted 5%
Inventory 588
Median Rent
Market Action 34
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change 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
$479,999 2,521 6,500 - 8,000 sqft 4 3 11 7 11 70
$409,000 2,140 6,500 - 8,000 sqft 4 3 1 18 14 49
$365,995 1,907 4,500 - 6,500 sqft 4 2 3 9 13 56
$325,000 1,580 4,500 - 6,500 sqft 3 2 16 9 20 49