Maricopa County

Pricing Trend holds in Maricopa County

The Median Sales Price in Maricopa County is up 5% YoY: $308,000 in August vs $292,000 in August ‘18. A closer look at the chart, however, shows most of the price appreciation occurs in the spring; prices rise from Feb - May, and then stay relatively flat the remainder of the year.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Maricopa County - Swimming Pools by Price Range

There are a lot of swimming pools in Maricopa County, but they aren’t spread out evenly across the valley.

Homes which sell for less than $300,000 are more likely to NOT have a pool, and homes selling below $200,000 are more than 3 times as likely to not have access to cool refreshing water. If you’re looking for a home with a pool in this price range, you’re going to have to look hard and be diligent in your search.

On the other hand, 7 out of 10 homes priced above $300,000 had a pool, and more than 80% of homes above $500,000 had one - showing that once you get above the median price range, pools are fairly commonplace across Maricopa County.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

** Homes with pools include both private and community pools, although since we're looking at single family detached homes, the vast majority were private pools.

 

Maricopa County Seasonal Sales Volume

The seasonality in the Maricopa County real estate market couldn’t be more obvious, or consistent. Lots of sales in April, May and June; not as many in December, January and February.

The highs have risen slightly higher each year, but the lows have gotten lower as well. Overall volume per year has remained relatively level over the last 3 years: up slightly in 2017 and then flat in 2018 and 2019 YTD.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Maricopa County still trending upwards

Although we’ve seen a couple pockets of softness around the Valley, Maricopa County as a whole is still showing an upward pricing trend, with May’s Median Sales Price of $308,000 up 4.4% YoY from $295,000 in May ‘18.

The seasonality of the trend is very similar from 2017-18 to 2018-19, although the percentage appreciation was a little higher last year.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Maricopa County Prices Rise

The Median Price per Square Foot has risen consistently in Maricopa County over the last 3 years. April ‘19 saw a median of $161.76 / sqft, up 6% from $152.27 in April ‘18 and 21% since $133.20 in April ‘16.

We saw a few examples last month of pricing weakness in the first quarter, but county-wide that does not appear to be the case as prices continue to march higher.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.