City of Maricopa AZ Sees 10% Gain in Property Sales

Through the end of October 2015, the city of Maricopa showed a total of 1,363 residential homes sold year to date. The average sales price of $162,533 saw an increase of 6.2% over the average price of $153,043 from the same reporting period a year ago. When compared to the same time range one year ago, which had 1,239 sold homes, the city of Maricopa saw a 10% advance in total volume of sold listings, a year-over-year rise 124 completed transactions. At 325 homes sold year to date, the 120,000-139,999 price bracket reported one of the greatest numbers of completed sales transactions.

For Sale Homes Post 4% Downtick. Maricopa has seen a total of 2,432 active homes for sale during 2015 through October. The 120,000-139,999 price category had one of the greatest numbers of homes for sale at 466 units. The overall number of active residential listings in the city of Maricopa had a 4.1% reduction when compared to this time range during 2014, which saw 2,537 for sale properties, a year-over-year fall of 105 homes. The area's year-to-date average active list price posted a net rise of 3.9% in comparison to the same period one year ago, advancing to $176,209. The cumulative days on market (CDOM) for active for sale properties in the city of Maricopa was 84 days through October 31, showing a 4.6% reduction compared to the same time range in 2014. Properties for sale are staying on the market less days this year on average.

Market statistics supplied by ARMLS and deemed reliable but not guaranteed; percentages rounded. To receive the most current local real estate information or to request a free no obligation evaluation of your home, please call Maricopa real estate agent Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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