I hope you the statistics are helpful. Never know if anybody even reads this blog. I hope so!
These are the numbers for the city of Maricopa for the week of 11/03/16
These numbers only focus on the homes in HOA'ed subdivisions, since the non HOA areas are so diverse.
329 Homes currently available for sale, not under contract, looking for offers
194 Homes currently under contract (should close escrow within 45 days pending inspection, appraisal, etc)
39 of the available homes have a built in private pool which is HUGE when a buyer must have a pool and they are only seeing 10% of the homes available!
$124,900 Least expensive home available- Notes:1066sqft 2 bed/2bath in Homestead 40057 W Hayden Dr
$415,000 Most expensive home available- Notes:3385sqft 5 bed/3.5 bath Rancho El Dorado 1/3acre, pool, putting green
315 Regular/non distressed listings
8 Short sale/pre-foreclosure
6 Foreclosed/Bank owned
Number of bedrooms- 329 available homes
2 bed-51 (mostly Province 55+)
3 bed- 139
4 bed- 100
5 bed- 36
6 bed- 3
7+ bed- 0
Garage parking: of the 329
2 car- 253
3 car- 70
4 car-5
Price ranges:
$100,000-125,000---- 1
$125,100-150,000---- 25
$150,100-175,000---- 79
$175,100-200,000---- 80
$200,100-225,000---- 46
$225,100-250,000---- 35
$251,100-275,000---- 17
$275,100-300,000---- 17
$300,000+ ---- 29
Bottom line: The market is strong, and homes that are priced competitively are selling. Get out there and meet your new neighbor!
Any questions about value or the market, please reach out to me!
Thanks,
Brian