Lawyers Title Market Report

Maricopa, AZ

Single-Family Homes

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Maricopa, AZ

Sat Dec 15 2018
This week the median list price for Maricopa, AZ is $229,900 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 380. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Sat Dec 15 2018
This week the median list price for Maricopa, AZ is $229,900 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 380. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $229,900
Per Square Foot $111
Days on Market 81
Price Decreased 47%
Price Increased 12%
Relisted 7%
Inventory 380
Median House Rent $1,363
Most Expensive $459,952
Least Expensive $159,900
Market Action Index
Slight Seller's Advantage
37

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
$299,900 2,531 8,000 - 10,000 sqft 4 2 11 7 14 101
$242,990 2,316 0 - 4,500 sqft 4 2 12 6 8 77
$214,990 2,053 0 - 4,500 sqft 4 2 12 8 14 83
$188,900 1,586 0 - 4,500 sqft 3 2 12 15 14 64