Maricopa Chamber Members Blog

Jun 13

Monthly Stats for Maricopa, Dawn Madden, Maricopa Properties, Broker/Owner

Last modified: June 13, 2008

By Terri Kingery | Email Author

Have you heard any Realtors claiming that it’s a great time to buy and wonder how anyone, let alone the so called “experts” can think that? If you look at the facts, it actually IS a great time to buy! Here are those facts - In May of 2007, there were a total of 63 homes sold with an average of 102 days on the market, with an average of $108.44 per square foot. In May of 2008, there were 159 homes sold with an average of 98 days on the market, with an average of $70.90 per square foot. All and all there are more homes selling in a shorter timeframe. Since they are selling for less per square foot that makes it a great time to buy for first time homeowners, investors and even those that simply want to take advantage of this aggressive market and purchase that larger home that they have always wanted! For more detailed information on this market, please contact your Local Realtor or Dawn Madden at Dawn@MaricopaProperties.com or 520-568-0555.

(Data retrieved from Multiple Listing Service using all homes in Maricopa, in all size ranges.)