Rancho El Dorado in Maricopa Listed Homes See 15% Downtick

Through August 31, 2015, the Rancho El Dorado subdivision in Maricopa Arizona had a total of 328 actively listed houses for sale this year. With 65 residences for sale, the 200,000-249,999 price category showed one of the highest numbers of units. In comparison to the same reporting period a year ago, which had 385 homes for sale, Rancho El Dorado posted a 14.8% drop in the total number of active listings, a year-to-year net drop of 57 properties. The average active listed price year to date of $179,726 posted an increase of 6.3% over the average listed price of $169,032 from this time period a year ago. The average days on market for actively listed houses for sale in Rancho El Dorado was 83 days through the end of August, showing a 1.2% decrease in comparison to this time period in 2014. Properties for sale are requiring less market time this year on average.

Houses Sold See 7% Rise. Rancho El Dorado saw a total of 189 residential property sales year to date through August 2015. The average closed sales price of $162,900 rose 2.9% above the average closed price of $158,328 from this period one year ago. The overall amount of sold residential listings in Rancho El Dorado saw a 7.4% rise compared to the same time period a year ago, which showed 176 properties sold, a year-to-year net rise of 13 completed transactions. Reporting 42 residences sold year to date, the 120,000-139,999 price range saw one of the greatest numbers of completed sales.

Sam Lawmaster is a Maricopa real estate agent and market specialist. Information supplied by ARMLS and deemed accurate but not guaranteed; percentages rounded. To receive current Rancho El Dorado real estate market info or to obtain a complimentary evaluation of your current property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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