Lawyers Title Market Report

Maricopa, AZ

Single-Family Homes

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Maricopa, AZ

Wed Nov 13 2019
This week the median list price for Maricopa, AZ is $237,450 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has held steady at or around 364. 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

The market has started cooling and prices have been flat for several weeks. Since 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

Wed Nov 13 2019
This week the median list price for Maricopa, AZ is $237,450 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has held steady at or around 364. 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

The market has started cooling and prices have been flat for several weeks. Since 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 $237,450
Per Square Foot $119
Days on Market 63
Price Decreased 35%
Price Increased 11%
Relisted 3%
Inventory 364
Median House Rent $1,398
Most Expensive $460,000
Least Expensive $129,900
Market Action Index
Slight Seller's Advantage
43

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
$305,990 2,450 8,000 - 10,000 sqft 4 2 13 9 9 78
$254,900 2,240 0 - 4,500 sqft 4 2 12 16 12 68
$223,990 1,881 0 - 4,500 sqft 3 2 12 8 8 56
$199,990 1,570 0 - 4,500 sqft 3 2 13 11 11 49