AT A GLANCE
Maricopa Market Conditions
On a price per-square foot average (See charts below):
Prices have dropped to their lowest levels in a year
March 2024 began with listings at 149% of the 3 year average of 340 (from 2021-2023).
February’s sales were at 76% of the 3 year average of 184 (from 2021-2023).
Call or text 602-300-0374 to ASK US HOW TO GET THE BEST DEAL ON A HOME with current Maricopa Market Conditions!
Information Source
Maricopa is currently turning over housing inventory once every 3.6 months.
Maricopa Housing Market Conditions Updated for March 2024
To reduce data errors results are based on:
- Maricopa SOLD single family residences, patio homes, and townhomes (ask us about condos)
- List/sales price under $1,000,000
- Size over 1,000 sq ft.
- Calendar month
5 YEARS of sales data below will increase your understanding the local housing market (we have city data archived back to January 2008).
Month | Total Active | Total Sold | % Sold | MO. INV. | Sq ft | Price | DOM | $$ sq ft | +/- List Price | Active # Foreclo. | % Active Foreclo. | Sold Foreclo. | % Sold Foreclo. |
Mar-24 | 506 | 2 | 0.4% | ||||||||||
Feb-24 | 507 | 140 | 27.6% | 3.6 | 2,074 | $374,507 | 81 | $181 | -$1,502 | 0 | 0.0% | 0 | 0.0% |
Jan-24 | 478 | 124 | 25.9% | 3.9 | 1,927 | $360,397 | 91 | $187 | -$3,649 | 0 | 0.0% | 0 | 0.0% |
Maricopa Housing Market Conditions 2023 | |||||||||||||
Dec-23 | 480 | 136 | 28.3% | 3.5 | 2,033 | $370,338 | 63 | $182 | -$3,199 | 0 | 0.0% | 0 | 0.0% |
Nov-23 | 454 | 107 | 23.6% | 4.2 | 2,020 | $374,982 | 94 | $186 | -$2,436 | 0 | 0.0% | 1 | 0.9% |
Oct-23 | 418 | 146 | 34.9% | 2.9 | 1,986 | $375,044 | 75 | $189 | -$3,768 | 0 | 0.0% | 0 | 0.0% |
Sep-23 | 390 | 174 | 44.6% | 2.2 | 2,032 | $383,643 | 76 | $189 | -$1,751 | 0 | 0.0% | 1 | 0.6% |
Aug-23 | 383 | 186 | 48.6% | 2.1 | 2,025 | $379,784 | 69 | $188 | -$3,535 | 1 | 0.3% | 0 | 0.0% |
Jul-23 | 351 | 180 | 51.3% | 2.0 | 2,004 | $385,140 | 82 | $192 | -$2,654 | 0 | 0.0% | 1 | 0.6% |
Jun-23 | 381 | 208 | 54.6% | 1.8 | 2,025 | $380,366 | 79 | $188 | -$4,734 | 1 | 0.3% | 0 | 0.0% |
May-23 | 436 | 230 | 52.8% | 1.9 | 2,047 | $371,099 | 90 | $181 | -$4,900 | 2 | 0.5% | 0 | 0.0% |
Apr-23 | 465 | 186 | 40.0% | 2.5 | 1,965 | $356,325 | 115 | $181 | 2 | 0.4% | 0 | 0.0% | |
Mar-23 | 541 | 210 | 38.8% | 2.6 | 1,952 | $355,847 | 96 | $182 | 0 | 0.0% | 0 | 0.0% | |
Feb-23 | 583 | 121 | 20.8% | 4.8 | 2,089 | $360,749 | 92 | $173 | 0 | 0.0% | 0 | 0.0% | |
Jan-23 | 613 | 118 | 19.2% | 5.2 | 2,108 | $360,674 | 90 | $171 | 1 | 0.2% | 0 | 0.0% | |
Maricopa Housing Market Conditions 2022 | |||||||||||||
Dec-22 | 641 | 130 | 20.3% | 4.9 | 2,032 | $363,746 | 84 | $179 | 1 | 0.2% | 0 | 0.0% | |
Nov-22 | 662 | 117 | 17.7% | 5.7 | 2,221 | $383,150 | 80 | $173 | 0 | 0.0% | 0 | 0.0% | |
Oct-22 | 658 | 131 | 19.9% | 5.0 | 2,044 | $388,067 | 71 | $190 | 0 | 0.0% | 0 | 0.0% | |
Sep-22 | 635 | 172 | 27.1% | 3.7 | 2,080 | $398,143 | 49 | $191 | 0 | 0.0% | 0 | 0.0% | |
Aug-22 | 594 | 156 | 26.3% | 3.8 | 2,001 | $398,527 | 41 | $199 | 0 | 0.0% | 1 | 0.6% | |
Jul-22 | 486 | 146 | 30.0% | 3.3 | 2,148 | $431,433 | 38 | $201 | 0 | 0.0% | 0 | 0.0% | |
Jun-22 | 344 | 207 | 60.2% | 1.7 | 2,070 | $423,931 | 34 | $205 | 0 | 0.0% | 0 | 0.0% | |
May-22 | 238 | 229 | 96.2% | 1.0 | 2,052 | $419,902 | 35 | $205 | 0 | 0.0% | 0 | 0.0% | |
Apr-22 | 165 | 253 | 153.3% | 0.7 | 2,152 | $420,178 | 39 | $195 | 1 | 0.6% | 0 | 0.0% | |
Mar-22 | 172 | 308 | 179.1% | 0.6 | 2,146 | $409,269 | 45 | $191 | 1 | 0.6% | 1 | 0.3% | |
Feb-22 | 197 | 197 | 100.0% | 1.0 | 2,104 | $398,121 | 44 | $189 | 0 | 0.0% | 0 | 0.0% | |
Jan-22 | 251 | 179 | 71.3% | 1.4 | 2,065 | $383,670 | 38 | $186 | 0 | 0.0% | 0 | 0.0% | |
Maricopa Housing Market Conditions 2021 | |||||||||||||
Dec-21 | 278 | 244 | 87.8% | 1.1 | 2,125 | $383,930 | 32 | $181 | 0 | 0.0% | 1 | 0.4% | |
Nov-21 | 255 | 193 | 75.7% | 1.3 | 2,079 | $378,358 | 30 | $182 | 0 | 0.0% | 1 | 0.5% | |
Oct-21 | 262 | 240 | 91.6% | 1.1 | 2,073 | $369,851 | 24 | $178 | 1 | 0.4% | 0 | 0.0% | |
Sep-21 | 201 | 222 | 110.4% | 0.9 | 2,080 | $366,465 | 27 | $176 | 0 | 0.0% | 0 | 0.0% | |
Aug-21 | 181 | 195 | 107.7% | 0.9 | 2,079 | $369,062 | 23 | $178 | 0 | 0.0% | 0 | 0.0% | |
Jul-21 | 116 | 193 | 166.4% | 0.6 | 2,084 | $360,079 | 20 | $173 | 0 | 0.0% | 1 | 0.5% | |
Jun-21 | 90 | 197 | 218.9% | 0.5 | 2,086 | $352,086 | 20 | $169 | 0 | 0.0% | 0 | 0.0% | |
May-21 | 64 | 198 | 309.4% | 0.3 | 2,109 | $338,809 | 17 | $161 | 0 | 0.0% | 0 | 0.0% | |
Apr-21 | 48 | 187 | 389.6% | 0.3 | 2,103 | $319,547 | 28 | $152 | 0 | 0.0% | 1 | 0.5% | |
Mar-21 | 76 | 212 | 278.9% | 0.4 | 2,209 | $319,636 | 29 | $145 | 0 | 0.0% | 1 | 0.5% | |
Feb-21 | 64 | 154 | 240.6% | 0.4 | 2,145 | $299,967 | 29 | $140 | 0 | 0.0% | 1 | 0.6% | |
Jan-21 | 70 | 171 | 244.3% | 0.4 | 2,074 | $283,753 | 31 | $137 | 0 | 0.0% | 0 | 0.0% | |
Maricopa Housing Market Conditions 2020 | |||||||||||||
Dec-20 | 104 | 220 | 211.5% | 0.5 | 2,036 | $277,941 | 25 | $137 | 0 | 0.0% | 1 | 0.5% | |
Nov-20 | 116 | 182 | 156.9% | 0.6 | 2,122 | $285,743 | 30 | $135 | 0 | 0.0% | 1 | 0.5% | |
Oct-20 | 94 | 202 | 214.9% | 0.5 | 2,076 | $278,646 | 27 | $134 | 0 | 0.0% | 2 | 1.0% | |
Sep-20 | 92 | 203 | 220.7% | 0.5 | 2,100 | $274,175 | 32 | $131 | 0 | 0.0% | 2 | 1.0% | |
Aug-20 | 121 | 163 | 134.7% | 0.7 | 2,245 | $275,235 | 35 | $123 | 2 | 1.7% | 1 | 0.6% | |
Jul-20 | 91 | 173 | 190.1% | 0.5 | 2,194 | $261,486 | 44 | $119 | 2 | 2.2% | 3 | 1.7% | |
Jun-20 | 108 | 202 | 187.0% | 0.5 | 2,140 | $256,741 | 48 | $120 | 3 | 2.8% | 0 | 0.0% | |
May-20 | 148 | 172 | 116.2% | 0.9 | 2,198 | $254,655 | 46 | $116 | 3 | 2.0% | 0 | 0.0% | |
Apr-20 | 197 | 179 | 90.9% | 1.1 | 2,144 | $248,473 | 42 | $116 | 2 | 1.0% | 1 | 0.6% | |
Mar-20 | 176 | 202 | 114.8% | 0.9 | 2,056 | $241,199 | 63 | $117 | 1 | 0.6% | 0 | 0.0% | |
Feb-20 | 226 | 169 | 74.8% | 1.3 | 2,074 | $235,612 | 57 | $114 | 3 | 1.3% | 0 | 0.0% | |
Jan-20 | 277 | 129 | 46.6% | 2.1 | 2,130 | $234,715 | 65 | $110 | 5 | 1.8% | 0 | 0.0% | |
Maricopa Market Conditions 2019 | |||||||||||||
Dec-19 | 284 | 178 | 62.7% | 1.6 | 2,055 | $233,325 | 58 | $114 | 6 | 2.1% | 1 | 0.6% | |
Nov-19 | 312 | 166 | 53.2% | 1.9 | 2,136 | $235,540 | 55 | $110 | 3 | 1.0% | 1 | 0.6% | |
Oct-19 | 325 | 173 | 53.2% | 1.9 | 2,086 | $230,576 | 63 | $111 | 5 | 1.5% | 2 | 1.2% | |
Sep-19 | 286 | 178 | 62.2% | 1.6 | 2,177 | $233,817 | 62 | $107 | 3 | 1.0% | 2 | 1.1% | |
Aug-19 | 301 | 202 | 67.1% | 1.5 | 2,112 | $234,370 | 64 | $111 | 4 | 1.3% | 1 | 0.5% | |
Jul-19 | 334 | 192 | 57.5% | 1.7 | 2,064 | $228,936 | 63 | $111 | 6 | 1.8% | 2 | 1.0% | |
Jun-19 | 383 | 192 | 50.1% | 2.0 | 2,139 | $233,098 | 65 | $109 | 4 | 1.0% | 1 | 0.5% | |
May-19 | 380 | 199 | 52.4% | 1.9 | 2,159 | $231,046 | 71 | $107 | 2 | 0.5% | 1 | 0.5% | |
Apr-19 | 326 | 210 | 64.4% | 1.6 | 2,138 | $224,859 | 76 | $105 | 5 | 1.5% | 2 | 1.0% | |
Mar-19 | 354 | 172 | 48.6% | 2.1 | 2,128 | $226,245 | 70 | $106 | 4 | 1.1% | 2 | 1.2% | |
Feb-19 | 370 | 124 | 33.5% | 3.0 | 2,152 | $221,209 | 62 | $103 | 6 | 1.6% | 0 | 0.0% | |
Jan-19 | 308 | 113 | 36.7% | 2.7 | 2,060 | $225,009 | 78 | $109 | 1 | 0.3% | 2 | 1.8% |
NOTE: we use the term “foreclosure” to describe bank owned homes and short sales because most people are familiar with it. “Distressed Properties” may be more accurate.
- Total Active – # of homes for sale at the beginning of the current month
- Total Sold – # of homes sold in the current month
- % Sold – a ratio of total sold to total active
- MO. INV. – based on total sold, how many months it would take to sell the total “active” inventory
- Sq ft – average square footage of sold homes
- Price – average sales price of sold homes
- DOM – Days On Market, or average days to sale
- $ sq ft – average price per square foot
- +/- List Price – the average dollars received by sellers above or below their average list prices
- Active # Foreclo. – # distressed properties for sale at beginning of month
- % Active Foreclo. – active # distressed properties expressed as a %
- Sold Foreclo. – # distressed properties sold in current month
- % Sold Foreclo. – # distressed properties expressed as a %
State: Arizona
County: Maricopa
Location: Town of Maricopa
ZIP or Postal Code(s): 85138, 85139
Maricopa Fast Facts
- Maricopa is located in Pinal County roughly 20 miles south of Phoenix and about 20 miles northwest of Casa Grande.
- About 41 square miles in size
- Water and trash services are contracted out to private companies
- Population of 46,903 in 2017 making it the 13th largest city in Metro Phoenix and 18th in the state.
- Maricopa offers residents and businesses the experience of a small-town atmosphere that is within a short distance to two major metropolitan areas.
December’s sales were at 72% of the 3 year average of 190 (from 2020-2022).