2016 Maricopa AZ Housing Market Trends Report Statistics and Home Price
Understanding the general direction of the current market conditions for home prices in Maricopa AZ is of vital importance to both buyers and sellers to help you make a more informed decision when buying or selling a home in Maricopa AZ.
Number of Homes Sold in Maricopa AZ in 2016
Based on statistics, we saw 1,702 single family homes sold in Maricopa in year 2016 compare to 1,525 in 2015. That’s about 11.6% increased from 2015.
Median Sold Price of Single Family Homes Sold in Maricopa AZ in 2016
The median sold price for single family detached home in Maricopa in 2016 was $169,000 compare to $155,900 in 2015. That’s about 8.4% appreciation from a year ago.
Average Sold Price of Single Family Homes Sold in Maricopa AZ in 2016
2016 average sold price in Maricopa was $178,531 compare to $166,325 in 2015. That’s about 7.3% increased from a 2015.
There can be a lot of fluctuation in what a home is listed for and what it ultimately sells for. To make sure you don’t overpay for your home, you’ll want to have an agent that does a thorough market analysis of the home on which you are making an offer. If you’re considering selling now or in the near future it’s important to get a Maricopa AZ home valuation to determine what the value of your home is in today’s real estate market.
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If you are considering buying a home in Maricopa there is a sufficient inventory of homes to choose from and having a good real estate agent who understands the market is a must. Interest rates are still low so don’t wait too long on the sidelines; many listings when priced correctly are starting to sell within a few days of hitting the market.
Contact or call me at 480.721.6253 if you’re interested in knowing what your Maricopa home is worth in today’s real estate market or so we can discuss your housing needs. I look forward to talking to you and assisting with your real estate needs.
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