Maricopa Real Estate Market Report

Maricopa Real Estate Market Report

Maricopa Real Estate Market Report *
 
In December 178 homes sold in Maricopa (172 in Nov) which is down 19 % from 221 homes sold in Dec 2010).

The median price of Maricopa real estate in December was $95,000 (91k in Nov). The median price in Dec 2010 was $86,000.

The average price was $45.79/sf in December ($45.92 in Nov). That is an increase of 11 % compared to $41.24 per square foot in Dec of 2010.

Maricopa real estate inventory is down by 10 percent from last month to 433 properties. Without counting Short Sales under contract, there are only 250 properties for sale in Maricopa AZ. Click here and check out Maricopa real estate inventory. The Maricopa real estate market has 234 pending sales (238 in Nov).

The number of homes sold in Maricopa Arizona in December is down 19 % from 12 months earlier. At the same time prices are up 11 % year over year. Prices have gone up while inventory has gone down to about the level of 2.4 months of sales. Such low levels of inventory over a period of time are an indication of a Seller’s market.

Find Maricopa AZ homes for sale, search MLS listings (updated hourly!) for best value properties, newest listings and so on. Choose between 30 different home features and transaction types on my Maricopa real estate website.

* This market report is based on Arizona MLS data for residential property sales in the City of Maricopa. Only single-family detached homes are included. For Sale by Owner, auctions and other Non-MLS transactions are not included.