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Maricopa Arizona Homes - Market Report May 5, 2014

By
Real Estate Broker/Owner with The Celtic Connection Realty BR545869000

21454 N DUNCAN DR Maricopa, AZ 85138 Only $134,900

Move-in ready home with lots of upgrades: granite counters, wood laminate flooring, ceramic tile, 2-tone paint, stainless appliances, epoxy garage floor, and maintenance free backyard landscape. Plus wood blinds & ceiling fans in every room, sun screens, and a mature shade tree to keep the house cool. The floor plan includes a large great room with 4 bedrooms and a split master bedroom. The home is situated in a single-level only area of the neighborhood and there are no neighbors behind for added privacy. FURNITURE IN HOME IS INCLUDED IN SALE PRICE.

This Week:  The median list price in Maricopa AZ this week is $159,900.  The 647 properties have been on the market for an average of 134 days.  The Market Action Index has been trending down lately, while invnetory and days-on-market are blimbing.  The trends imply a weakening market.

Supply and Demand:  Home sales have been exceeding new inventory for several weeks.  Since this is a Buyer's market, prices are not yet moving higher as excess inventory is consumed.  However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.

Homes for Sale:  The Celtic Connection Team at Solutions Real Estate has a website featuring homes specifically in Maricopa Arizona. The website can be viewed at Maricopa Homes and features Maricopa Arizona homes for sale, Maricopa Arizona real estate, a search for Maricopa Arizona bank owned or foreclosures, Maricopa Arizona Golf Course Homes, and Maricopa Arizona Swimming Pool Homes. There is also a page that provides a real time update showing Maricopa Arizona properties that have been newly listed or had price changes.  For Free Market Analysis, give us a call at (480) 987-9322 or email: edandcelia@msn.com .  Provide us your home address and contact information.

Call or email edandcelia@msn.com for Free Market Analysis (480) 987-9322

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Edward and Celia Maddox, Associate Broker, MRE, GRI, ABR
The Celtic Connection Realty - We Take the High Road
Solutions Real Estate - Multi-Million Dollar Producers 2004-2011
Direct: 480-987-9322 Cell: 480-612-7968
Fax: 800-410-9607