2024 New Resident & Visitor Guide

REAL ESTATE

NUMBER OF BEDROOMS

GARAGE PARKING

be optimal. Some of the fastest-selling homes are the larger ones (four or more bedrooms). Since the pandemic, the number of people working from home has increased drastically. Many two- or three-bedroom homes don’t have enough space for a family and a home office or two. Size and price being equal, a four-bedroom home will be more sought after than a three-bedroom one. Prices will continue to stay steady until either interest rates or inventory drops. Maricopa will continue to grow with more businesses, both big and small. Most residents don’t realize there are 27,096 homes in the city, and developers have land and plans set aside for another 46,298 homes. This means that we are only 37% built out. We have a great city with some great residents. We chose Maricopa for a reason. Smile, be kind to one another and together we will make the city even better. Welcome to Maricopa — “the friendliest city in Arizona!”

116

2 3 4 5

1,638

2 car 3 car

873

326

4 car 28 5+ car * 13

782

221

6 11 7+ 2

*Many of the homes with RV garages are classified as 5+ car.

HOME INVENTORY

799

2019 2020 2021

2022 2023

743

DEC 169 340 351 723 578

560

542

518 365

466

444

419

358

JUN 165 168 432

321

277

265

197

AUG 180

OCT 182

APRIL 151

AVERAGE SALES PRICE AND HOMES SOLD BY NEIGHBORHOOD

45

$326,055

Acacia Crossings Alterra Cobblestone Copper Ridge at Province Desert Cedars Desert Passage Meadows Palo Brea Province Rancho El Dorado Lakes at Rancho El Dorado Rancho Mirage Glennwilde Homestead

36

$353,852

31

$403,652

53

$379,127

19

$352,278

31

$330,483

95

$384,764

148

$367,298

69

$341,332

31

$397,511

148

$403,198

152

$380,028

273

$399,583

71

$388,205

72

$342,241

Santa Rosa Crossing Santa Rosa Springs Senita Sorrento Tortosa Trails at Tortosa Villages

39

$350,415

62

$358,138

63

$350,866 $349,090

302

110

$371,110 $374,638

76

AVERAGE DAYS ON MARKET

75

HOME SALES

65 64

62

2,833

2,562

2,378

2,220

2,193

2,166

90

2,005

1,940 2,072

1,845 1,718

1,720 1,859

45

1,638

1,522

42

1,319

896

754

585

253

60

17

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Source: ARMLS (may not include all new-build sales)

2016 2017 2018 2019 2020 2021 2022

58 New Resident & Visitor Guide 2024 • InMaricopa.com/NewResidentGuide

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