The First American Title Market Report

El Mirage, AZ

Single-Family Homes

Arizona Direct Operations



El Mirage, AZ

Fri Jan 21 2022
This week the median list price for El Mirage, AZ is $410,000 with the market action index hovering around 81. This is about the same as last month's market action index of 81. Inventory has decreased to 14. 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

Fri Jan 21 2022
This week the median list price for El Mirage, AZ is $410,000 with the market action index hovering around 81. This is about the same as last month's market action index of 81. Inventory has decreased to 14. 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 $410,000
Median Price of New Listings $400,000
Per Square Foot $233
Average Days on Market 23
Median Days on Market 11
Price Decreased 7%
Price Increased 0%
Relisted 0%
Inventory 14
Median Rent $1,995
Market Action 81
Strong Seller's Market

The market appears to be 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
$543,000 3,291 0.25 - 0.5 acre 4 2.5 21 1 1 77
$426,000 1,832 4,500 - 6,500 sqft 4 2 19 0 2 14
$400,000 1,848 4,500 - 6,500 sqft 3 2 20 4 3 0
$317,500 1,146 6,500 - 8,000 sqft 3 2 47 1 2 10