Maricopa Real Estate Market Conditions & Reports, Maricopa Market Trends, Arizona

Market Commentary Provided by Roberta Candelaria
If you can qualify, now is an exceptional time to buy a home in Maricopa. Low rates with falling home prices makes a home purchase a great value! Homes in Maricopa qualify for the USDA program which allows buyers to purchase with no money down. Call now for more information at 602-791-3292 or email roberta.candelaria@gmail.com.

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Roberta Candelaria
AZ Realty One Group
Phoenix, Arizona
602-791-3292
Roberta.candelaria@gmail.com
Agent Home Page

Nearest Metro Area

Phoenix

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

10-30 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$125,000 - View Graph Trend

Best Selling Price Range

$100,000 - $149,000

Worst Selling Price Range

$200,000 - $249,000

Compared to Last Year

Down 20-25%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Maricopa is

Increasing

Seller Activity for the past 90 days in Maricopa is

Decreasing

Is Financing Available For Qualified Buyers in Maricopa?

Yes

Comments on Financing For Qualified Buyers

Homes in Maricopa qualify for the USDA program which allows buyers to purchase with no money down!

Existing Home Prices for the past 90 days are

Increasing

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

More than 50%

Housing Hot Spots

Most cities within the Maricopa County area are considered 'Housing Hotspots'

Reason to Buy/Sell

Population Growth

Average Sold Price

$125,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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