Your Localized Market Report

Maricopa, AZ

Single-Family Homes

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



Maricopa, AZ

Thu Feb 29 2024
This week the median list price for Maricopa, AZ is $394,900 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has increased to 349. 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

Thu Feb 29 2024
This week the median list price for Maricopa, AZ is $394,900 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has increased to 349. 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 $394,900
Median Price of New Listings $375,750
Per Square Foot $200
Average Days on Market 71
Median Days on Market 35
Price Decreased 50%
Price Increased 5%
Relisted 7%
Inventory 349
Median Rent
Market Action 36
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
$499,900 2,590 6,500 - 8,000 sqft 4 3 17 5 8 56
$425,000 2,224 6,500 - 8,000 sqft 4 3 16 13 11 42
$367,135 1,891 4,500 - 6,500 sqft 4 2 7 17 10 28
$325,000 1,574 4,500 - 6,500 sqft 3 2 17 15 12 28