Lawyers Title Market Report

Maricopa, AZ

Single-Family Homes

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Maricopa, AZ

Tue Jul 14 2020
This week the median list price for Maricopa, AZ is $271,990 with the market action index hovering around 55. This is an increase over last month's market action index of 52. Inventory has held steady at or around 169. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Maricopa, AZ

Tue Jul 14 2020
This week the median list price for Maricopa, AZ is $271,990 with the market action index hovering around 55. This is an increase over last month's market action index of 52. Inventory has held steady at or around 169. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Maricopa market.
Median List Price $271,990
Per Square Foot $129
Days on Market 55
Price Decreased 21%
Price Increased 11%
Relisted 4%
Inventory 169
Median Rent $1,600
Most Expensive $460,000
Least Expensive $180,000
Market Action 55
Strong Seller's Market

The market seems to have paused around its high point. 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
$362,450 2,850 8,000 - 10,000 sqft 4 2 14 10 12 72
$289,950 2,269 4,500 - 6,500 sqft 4 2 8 9 8 60
$258,945 2,011 4,500 - 6,500 sqft 4 2 2 12 11 49
$225,000 1,639 4,500 - 6,500 sqft 3 2 13 10 8 40