Your Localized Market Report

Maricopa, AZ

Single-Family Homes

Lawyers Title Arizona & Grand Canyon Title Agency www.LawyersTitleArizona.com & www.gcta.com



Maricopa, AZ

Mon Jun 17 2024
This week the median list price for Maricopa, AZ is $390,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 478. 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

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.

Maricopa, AZ

Mon Jun 17 2024
This week the median list price for Maricopa, AZ is $390,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 478. 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

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 Maricopa market.
Median List Price $390,000
Median Price of New Listings $379,995
Per Square Foot $202
Average Days on Market 64
Median Days on Market 42
Price Decreased 52%
Price Increased 11%
Relisted 5%
Inventory 478
Median Rent
Market Action 39
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
$499,000 2,500 8,000 - 10,000 sqft 4 3 9 10 8 49
$415,000 2,105 6,500 - 8,000 sqft 4 2.5 5 13 8 49
$374,005 1,897 4,500 - 6,500 sqft 4 2 3 30 15 42
$325,000 1,564 4,500 - 6,500 sqft 3 2 10 15 25 42