Lawyers Title Market Report

Maricopa, AZ

Single-Family Homes

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Maricopa, AZ

Wed Oct 24 2018
This week the median list price for Maricopa, AZ is $229,999 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 409. Click here to stay informed with the Maricopa market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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

Wed Oct 24 2018
This week the median list price for Maricopa, AZ is $229,999 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 409. Click here to stay informed with the Maricopa market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $229,999
Per Square Foot $109
Days on Market 69
Price Decreased 39%
Price Increased 14%
Relisted 4%
Inventory 409
Median House Rent $1,213
Most Expensive $555,000
Least Expensive $150,000
Market Action Index
Slight Seller's Advantage
40

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
$299,924 2,601 8,000 - 10,000 sqft 4 2 11 5 3 89
$245,000 2,312 0 - 4,500 sqft 4 2 12 18 7 58
$213,495 2,082 0 - 4,500 sqft 4 2 11 13 12 74
$187,900 1,609 0 - 4,500 sqft 3 2 11 15 15 55