Is Maricopa-Stanfield, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Maricopa-Stanfield has remained a Seller's Market.
Housing Prices in Maricopa-Stanfield, AZ
How much do homes in Maricopa-Stanfield, AZ cost?
Median Sold Price
$359,533
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Maricopa-Stanfield was $359,533 in June 2024, down 2% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | - | N/A |
2 Bedrooms | $366.2K | $346.7K | -5.3% |
3 Bedrooms | $340K | $332.3K | -2.3% |
4 Bedrooms | $378.6K | $369.9K | -2.3% |
5+ Bedrooms | $430.9K | $429.9K | -0.2% |
Summary: Maricopa-Stanfield housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Cities
Gila River | $352.5K | $380K | +7.8% |
Maricopa | $366.1K | $359.9K | -1.7% |
Maricopa-Stanfield | $367K | $359.5K | -2.0% |
Casa Grande | $343.4K | $336K | -2.2% |
Housing Supply in Maricopa-Stanfield, AZ
How many homes are available in Maricopa-Stanfield, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
783 | 796 | +1.7% |
Summary: The Maricopa-Stanfield real estate market had 796 homes for sale in June 2024, a 1.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 48 | 45 | -6.3% |
3 Bedrooms | 332 | 347 | +4.5% |
4 Bedrooms | 321 | 326 | +1.6% |
5+ Bedrooms | 82 | 78 | -4.9% |
Summary: The Maricopa-Stanfield housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 4.9%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
167 | 152 | -9.0% |
Asking Price vs. Sold Price
64 Homes Were Sold
Under Asking
58 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 152 homes were sold or pending in Maricopa-Stanfield in June 2024, down by 9.0% month-over-month. Of the 152 sold homes, 42% were sold under asking, 38% were sold at asking, and 20% were sold over asking.
Days on Market for Maricopa-Stanfield, AZ
How long does it take to sell a home in Maricopa-Stanfield, AZ?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
74 Days | 75 Days | +1.2% |
Summary: Homes in Maricopa-Stanfield had an average of 75 days on market in Jun 2024, up by 1.2% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
70 Homes Were Sold
In 30 - 90 Days
39 Homes Were Sold
Over 90 Days
Summary: During June 2024, 152 homes were sold in Maricopa-Stanfield; 28% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.