Lairson: Lower inventory of homes for sale in Maricopa

by Pat Lairson | inMaricopa

maricopa

A home for sale in Maricopa/Zillow

The number of homes for sale dropped to 309 single-family dwellings in an HOA subdivision in August for Maricopa.

The average price-per-square-foot is $93.22 for homes currently listed. It is typical to enter into the fall season with a lower inventory as many people like to list their home in the fall and winter in Arizona. With this lower inventory, though, waiting to list could mean you are missing out on a sale now. The lowest-priced home for sale in a subdivision is listed at $89,900 and the highest listing is $435,000.

The market has not slowed this summer averaging about a 20-percent increase in sales over the same period last year. From July 1 to Aug. 8, 218 subdivision homes are under contract or have closed. The average closed sales price was $87.71 per square foot. There are several factors that could be contributing to this good, steady sales market.

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