Your Localized Market Report

Maricopa, AZ

Single-Family Homes

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Maricopa, AZ

Mon Feb 06 2023
This week the median list price for Maricopa, AZ is $379,700 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 396. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Maricopa, AZ

Mon Feb 06 2023
This week the median list price for Maricopa, AZ is $379,700 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 396. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Maricopa market.
Median List Price $379,700
Median Price of New Listings $358,450
Per Square Foot $192
Average Days on Market 99
Median Days on Market 91
Price Decreased 61%
Price Increased 7%
Relisted 5%
Inventory 396
Median Rent
Market Action 34
Slight Seller's Advantage

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
$474,995 2,390 6,500 - 8,000 sqft 4 2.5 11 5 5 84
$399,990 2,237 6,500 - 8,000 sqft 4 2.5 6 10 9 91
$353,500 1,844 4,500 - 6,500 sqft 3 2 16 11 11 84
$319,000 1,554 4,500 - 6,500 sqft 3 2 17 10 23 98