Real Estate Submarket Profile: Maricopa
Net home sales in Maricopa increased by 61% over the past two months with two communities selling out of inventory. With its proximity to the I-10 and Metro-Phoenix area, Maricopa proves to be an attractive area. The location offers affordable pricing to homebuyers with retail outlets and a focus on community with the spacious Copper Sky Recreation Center a center point of the area. Sales numbers and new permits make for a strong combination in predicting that this submarket will continue to show positive numbers over the coming months.
Total subdivision home sales from June through July: 109
Total Subdivision home sales from April through May: 66
Median home size (sq. feet): 2,053
Base home price: $143,990 – $269,990
Base home price per sq. foot: $63.38 – $122.56
Net 60-day inventory price range: $134,237 – $257,322
Type: Single-family homes
Total new permits in the month of June: 84
Source: Belfiore Real Estate Consulting
