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Maricopa Median List Prices Rise Above $250,000
Maricopa has seen an influx of development since its’ 2003 incorporation. Commercial development has proven to be extremely valuable, with properties selling for over $500 per square foot; and residential development is proving to be a worthwhile investment as well.
The 7-day average of median home list prices in Maricopa now stands at $254,999, according to Empire West Title Agency. Maricopa home list prices have been hovering near the quarter million mark since late February, but finally passed the threshold on March 20. The latest numbers mean Maricopa median home list prices have seen more than a 25% increase from March 2017.
While median home list prices are increasing, Maricopa homes still remain an affordable and desirable option for Valley residents. But the secret is out! Maricopa homes are, on average, on the market for fewer than two months – three and a half weeks shorter than Phoenix homes.