Is Maricopa-Stanfield, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$355,999
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Maricopa-Stanfield was $355,999 in March 2024, down 8.7% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $265K | N/A |
2 Bedrooms | $380K | $349.2K | -8.1% |
3 Bedrooms | $368.5K | $334.6K | -9.2% |
4 Bedrooms | $400.3K | $367.9K | -8.1% |
5+ Bedrooms | $445K | $429.9K | -3.4% |
Summary: Maricopa-Stanfield housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Cities
Casa Grande | $359.9K | $334.9K | -6.9% |
Maricopa | $390K | $356.4K | -8.6% |
Maricopa-Stanfield | $389.9K | $355.9K | -8.7% |
Housing Supply in Maricopa-Stanfield, AZ
How many homes are available in Maricopa-Stanfield, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
718 | 769 | +7.1% |
Summary: The Maricopa-Stanfield real estate market had 769 homes for sale in March 2024, a 7.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 57 | 58 | +1.8% |
3 Bedrooms | 297 | 342 | +15.2% |
4 Bedrooms | 274 | 284 | +3.6% |
5+ Bedrooms | 90 | 85 | -5.6% |
Summary: The Maricopa-Stanfield housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
112 | 176 | +57.1% |
Asking Price vs. Sold Price
75 Homes Were Sold
Under Asking
67 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 176 homes were sold or pending in Maricopa-Stanfield in March 2024, up by 57.1% month-over-month. Of the 176 sold homes, 43% were sold under asking, 38% were sold at asking, and 19% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
94 Days | 79 Days | -16.3% |
Summary: Homes in Maricopa-Stanfield had an average of 79 days on market in Mar 2024, down by 16.3% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
71 Homes Were Sold
In 30 - 90 Days
60 Homes Were Sold
Over 90 Days
Summary: During March 2024, 176 homes were sold in Maricopa-Stanfield; 26% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.