Maricopa AZ Market Update for the City of Maricopa which is located 30 minutes South of Phoenix Sky Harbor Airport. Hwy 347 connects our City to the Metro Phoenix area. Maricopa kept its small-town charm and rural atmosphere within short distance to two major metropolitan areas, Phoenix and Tucson.
â€¢Â Â Â The City of Maricopa is approximately 45 square miles in size.
â€¢Â Â Â 43,000 residents live in Maricopa's beautiful homes and subdivisions.
â€¢Â Â Â Average household income is $75,000, which is among the highest in the State.
â€¢Â Â Â Approximately 61 % of residents hold Bachelor or Graduate degrees.
â€¢Â Â Â Two award winning golf courses (The Duke and Southern Dunes)
Market Report for August 2011 for The City of Maricopa (links updated daily)
This Maricopa AZ market report is based on MLS data for residential property sales. Only single-family detached homes are included. For Sale by Owner, auctions and other Non-MLS transactions are not included.
â€¢Â Â Â 208 sales in August 2011 (236 in July) of which 69 were Short-Sales and 80 Foreclosures.
â€¢Â Â Â Median price was $87,000Â ($85,100 in July and $84,500 in June)
â€¢Â Â Â August price/sf was $43.94 ($41.14 in July, $42.84 in June)
â€¢Â Â Â Maricopa Inventory consists of 443 properties (449 at beg. of August).
â€¢Â Â Â Excluding short sales under contract, there are 245 Homes for Sale in Maricopa (incl. 86 Short Sales)
â€¢Â Â Â 23 homes for sale in Province, Maricopaâ€™s Active Adult, gated community, 5 waterfront properties
â€¢Â Â Â 29 homes for sale with custom pools and 33 foreclosures and 6 homes on the golf course.
â€¢Â Â Â The Maricopa real estate market has 303 Pending sales as of September 8th.
Inventory continues to be low. Multiple offer situations lead to price increases in recent months. 79 out of the 208 sold in August closed above listing price. Market outlook is positive.
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