Market Report:
The median list price in Maricopa, AZ this week is $159,900. The 650 properties have been on the market for an average of 149 days.
The Market Action Index has been climbing lately while day-on-market are trending down, these point to a positive near-term outlook for the market.
Average Age of listings - 9
Median House Size (sq ft) - 2107
Average Price per sq ft - $77
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.
Call for Free Market Analysis (480) 987-9322.
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.
The city of Maricopa, AZ, is located south of the Phoenix Metro area in a natural-scenic community, offering views of the popular Superstition Mountains to the northeast and the San Tan Mountains to the east. Enjoy rural charm without sacrificing the vibrant cultural life, shopping and economic opportunity of big-city living. This family-friendly community is home to several farms, and historical sites. Maricopa is only a short drive to the Phoenix Performing Arts Center that offers the best in local and touring dance and theatre companies. The city is experiencing an exciting period of measured growth, with many new facilities in the works including several well-known anchor stores and more being planned. The Maricopa Library, a new branch of the Maricopa County Library District, is also on the drawing board. Maricopa Arizona is Southwest of Ahwatukee off 10 Fwy.
Pinal County was formed from portions of Maricopa and Pima counties on Feb. 1, 1875, in response to the petition of residents of the upper Gila River Valley, as "Act #1" of the Eighth Territorial Legislature. Florence, established in 1866, was designated and has remained the county seat.
The county encompasses 5,374 square miles, of which 4.5 are water. In both economy and geography, Pinal County has two distinct regions. The eastern portion is characterized by mountains with elevations to 6,000 feet and copper mining. The western area is primarily low desert valleys and irrigated agriculture. The communities of Mammoth, Oracle, San Manuel, and Kearny have traditionally been active in copper mining, smelting, milling and refining. Arizona City, Eloy, Maricopa, Picacho, Red Rock and Stanfield have agriculture based-economies. Apache Junction, Arizona City, Coolidge, Eloy, and particularly Casa Grande have diversified their economic base to include manufacturing, trade and services.
This expansion and diversification has been facilitated by their location in the major growth corridor between Phoenix and Tucson near the junction of I-10 and I-8, except for Apache Junction, which is to the east of burgeoning Mesa. Most of the southern ¾ of Pinal County and a small area in Apache Junction are designated as Enterprise Zones.
The county is home to many interesting attractions, including the Old West Highway 60, Casa Grande Ruins National Monument, Picacho Peak State Park, Picacho Reservoir, Boyce Thompson Southwestern Arboretum, Oracle State Park and Columbia University’s Biosphere II, McFarland State Park, Lost Dutchman State Park, Skydive Arizona, the world’s largest skydiving drop-zone, and the Florence Historical District, with 120 buildings on the National Register.
The state of Arizona is the county’s largest landholder with 35 percent, followed by individuals and corporations, 22 percent; Indian reservations, 23 percent; the U.S. Forest Service and Bureau of Land Management, 14 percent, and the remaining 6 percent is other public land.
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