$4,393 Closing Credit*
$369,900
1,978 SqFt
4 Beds
•2 Baths
Brian C Horton, Listing Office: Open Exchange Brokerage
Is El Mirage, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, El Mirage has remained a Seller's Market.
Key Takeaway
El Mirage is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in El Mirage, AZ
How much do homes in El Mirage, AZ cost?
Median Sold Price
$360,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$7,000(+2.0%)
Key Takeaway
Homes in El Mirage have sold for 2% more than they did a year ago.
Summary: The median home sold price in El Mirage was $360,000 in September 2024, up 2% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $307.5K | $319.4K | +3.9% |
| 3 Bedrooms | $345K | $354.9K | +2.9% |
| 4 Bedrooms | $372.5K | $374.9K | +0.7% |
| 5+ Bedrooms | $410K | $439.9K | +7.3% |
Summary: El Mirage housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 7.3%.
Housing Supply in El Mirage, AZ
How many homes are available in El Mirage, AZ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 87 | 93 | +6.9% |
Summary: The El Mirage real estate market had 93 homes for sale in September 2024, a 6.9% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 47 | 48 | +2.1% |
| 4 Bedrooms | 34 | 36 | +5.9% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The El Mirage housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in El Mirage, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in El Mirage in September 2024, the same as the previous month. Of the 17 sold homes, 12% were sold under asking, 47% were sold at asking, and 41% were sold over asking.
Days on Market for El Mirage, AZ
How long does it take to sell a home in El Mirage, AZ?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 58 Days | 59 Days | +1.1% |
Summary: Homes in El Mirage had an average of 59 days on market in Sep 2024, up by 1.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in El Mirage has remained consistent over time.
Summary: During September 2024, 17 homes were sold in El Mirage; 29% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.