Maricopa Homes For Sale Are Poised For The Next Boon
Homes for sale in Maricopa AZ as of April 2014 are among the best deals in the Phoenix. Back in 2010 average home prices per square foot were $44 per square foot. As of April 2014 the average price per square foot was $75.30 which was based on a 2,233 s.f. home. The average list price was $168,821 and average sales price was $163,803. Total sales were 132 and there are still 543 homes on the market so we have about a 4 month supply of inventory which some catching up to do. The average days on market in April was 84 days. In March we saw a 30% surge in homes sales that were flat Valley wide at 5,000 home sales during the months of January and February. March numbers were as follows: we had 134 sales with an average sales price of $156,974 and the average market time was 89 days. In February there were 97 sales with an average sales price of $158,113 and an average market time of 93 days and in January there were 92 sales with an average sales price of $154,031 and average market time of 87 days. These statistics for the homes for sale in Maricopa AZ are promising.
Maricopa AZ has a Honorable and Rich History behind it
Maricopa has a rich history behind it. Much of the town was part of the John Wayne Ranch, this is why you will see many references to the “Duke”. Another piece of history that makes Maricopa interesting is that it is home to the famous US Marine Ira Hayes who helped put the flag atop of Mount Suribachi when we landed on Iwo Jima is from Sacaton of the Pima tribe which is just north of Maricopa.
Homes For Sale in Maricopa Have Always Been Good Investments and Now Attractive to Active Adults
I think this stability is a tribute to the town of Maricopa in that during the fall of 2012 held its prices and what the sales figures for the first 4 months of 2014 are almost identical to the fall of 2013. Good news for everyone because the home owner hasn’t lost any money, the investor has maintained her value and the buyers have not yet experienced a predictable price increase this coming fall of 2014. The investors have gone to Nevada because Nevada lifted their moratorium on bank foreclosures so they are buying up all the REO and short sales but will be back soon. The Phoenix market has always been composed of about 30% investor homes, and will continue because of our growth rates and relatively low cost of living. When the investors come back we will see a surge in prices for the homes for sale in Maricopa and San Tan Valley homes. Maricopa is also getting a name for itself with the retirement and active adult communities as well. So not only are the investors coming to Maricopa but the active adults are looking to Maricopa more and more and this has caused a business boon with major shopping malls, outlet malls, medical facilities and all the trappings of a big city! Be sure to check out the “Market update” on the menu each month and of course the map below.
Maricopa Homes For Sale Are Getting Closer to The Valley As The Urban Sprawl Creeps South
Maricopa homes for sale have traditionaly been a mix of investors and locals. But the active adults and 55+ communities have done a great job in town. Maricopa investment properties, homes and houses are yielding high returns due to the strong rental market; especially in Province Maricopa AZ. Homes for sale in Maricopa are among the best investments in the Phoenix area. Most of the developments are relatively new and near major freeways, close to Chandler AZ, Tempe AZ, Ahwatukee AZ and an hour from Tucson. The town of Maricopa in Pinal County is bustling with lots of shopping, delicious restaurants, and smiling faces. Located just 45 minutes from Phoenix, 25 miles from Sky Harbor International Airport and close to the I-10, 101, and new 202 freeways makes Maricopa an ideal transportation hub. Some of the special attractions include the renowned Duke Golf Course with its Silver Spur Grill, Harrah’s Ak-Chin Casino, and Province the award winning Active Adult Retirement Lake Community. Homes for sale in Province Maricopa AZ are very popular and demand for these properties is high as well as Rancho El Dorado Maricopa AZ.
This map is defaulted to homes for sale in Maricopa that are active listings. To view past sales simply press the recent sales button and move the slider to the number of months you wish to go back and view homes sales in Maricopa. You can also click on the Icon on the home page to see two maps of the homes for sale in Maricopa AZ. The first map are the active listings and the second map are the recent sales in the past 4 months.
Homes For Sale in Maricopa AZ