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2019 Maricopa AZ Housing Market Update

2019 Maricopa AZ Housing Market Trends Report, Statistics and House Value

Understanding the general direction of the Maricopa AZ housing market conditions and home prices is vital importance to both buyers and sellers. These information help you make a more informed decision when buying or selling a home in Maricopa AZ.

Here are Maricopa AZ housing market update and statistics for single family detached home for year 2019. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past two years for Maricopa AZ provided by the FlexMLS system.

2019 Maricopa AZ Real Estate Housing Market Update Highlights:
  • New listings for homes for sale had increased about 5.0% from 2018
  • 2019 Average Sold Price for Single Family Home in Maricopa is $230,356 and had increased 8.3% from 2018
  • Maricopa Single family home’s median sold price in 2019 was $220,000, which had increased 8.9% from a year ago
  • About 99% of all single family home sold in Maricopa in 2019 are traditional sales
  • 2019 most expansive home sold in Maricopa was sold for $470,000

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Maricopa AZ 2019 Housing Closed Sales Report Analysis

Based on 2019 statistics, we saw about 8.1% increased in the number of single family homes sold compared to a year ago. The statistics show that we had 2,079 residential single family homes sold in 2019 in Maricopa AZ compared to 1,924 in 2018.

In 2019, we saw 65 days on Market (DOM), compare to 67 in 2018. It took average 65 days to get your Maricopa home sold in 2019.

2019 Maricopa AZ Median Sold Price

2019 median sold price for single family homes in Maricopa is $220,000. Compare to a year ago, 2018 median sold price was $202,000.The median sold price for single family home in Maricopa had appreciated about 8.8% from 2018.

2019 Maricopa Median Sold Price was $220,000
Click here to view Homes for Sale in Maricopa AZ Under $200,000

Maricopa AZ 2019 Average Sold Price Analysis

Average sold price for single family homes in Maricopa AZ in 2019 is $230,356. Compare to last year 2018 at $212,618, the average sold price has increased about 8.3% from a year ago.

2019 Maricopa Average Sold Price was $230,356
Click here to view Homes for Sale in Maricopa AZ Under $225,000

2019 Average Price Per Square Feet Maricopa AZ

2019 average sold price per square feet for single family homes in Maricopa is $113.00 per square feet.

Based on statistics on both of median sold price and average sold price, buyers are paying more for a single family homes in Maricopa AZ compare to a year ago.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

Did You Know?
A 1% increase in interest rates, can reduce buying power almost to 10%!! Read How rising interest rates will impact housing affordability?

Wondering how much house you can afford?

Click here to access housing mortgage payment calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.


Selling Your Home in Maricopa AZ

Contact or call Swee Ng at 480.721.6253 today to discuss your potential Maricopa AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What My Home in Maricopa is Worth Today?

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Summary
Article Name
2019 Maricopa AZ Housing Market Update
Description
2019 Maricopa AZ Housing Market Update, Statistics and House Value. Average Sold Price for Single Family Home in Maricopa is $230,356 and had increased 8.3% from 2018.
Author
Publisher Name
Swee Ng Realtor® with HomeSmart
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