About El Mirage Arizona Homes
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El Mirage Arizona Homes are found in the NW area just South of Surprise and Sun City, Arizona. Your Search Results will appear below showing the “Newest Listings” first. Fine-Tune those results by simply adding more of your own criteria in the form provided below, for better and Quick Results!! Simply “click” on the home photos to display all the details for your selected home.
We can currently see (40) homes available in El Mirage today.
Prices
The median sales price in December was $225,900, up 13.0% from $200,000 in December of 2018 and up 0.8% from $224,000 last month. The average sales price in December was $222,113, up 9.9% from $202,055 in December of 2018 and down -3.6% from $230,514 last month. December 2019 ASP was at highest level compared to December of 2018 and 2017.
Inventory
The total inventory of El Mirage Arizona Homes available for sale as of December was 51, up 34.2% from 38 last month and down -13.6% from 59 in December of last year. December 2019 Inventory was at a mid range compared to December of 2018 and 2017.
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955
Some Real Estate listings in El Mirage, AZ
Monthly Market Report
Property Sales
December property sales were 44, up from 42 in December of 2018 and 18.9% higher than the 37 sales last month. December 2019 sales were at a mid level compared to December of 2018 and 2017. December YTD sales of 627 are running 6.8% ahead of last year's year-to-date sales of 587.
Prices
The median sales price in December was $225,900, up 13.0% from $200,000 in December of 2018 and up 0.8% from $224,000 last month. The average sales price in December was $222,113, up 9.9% from $202,055 in December of 2018 and down -3.6% from $230,514 last month. December 2019 ASP was at highest level compared to December of 2018 and 2017.
Inventory
The total inventory of properties available for sale as of December was 51, up 34.2% from 38 last month and down -13.6% from 59 in December of last year. December 2019 Inventory was at a mid range compared to December of 2018 and 2017.
Market Time
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer's market, a downward trend a move towards more of a seller's market. The DOM for December was 24, up from 23 days last month and up from 18 days in December of last year. The December 2019 DOM was at a mid range compared with December of 2018 and 2017.
Selling Price per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The December 2019 selling price per square foot of $145 was equal to $145 last month and up 3.6% from $140 in December of last year.
Selling Price vs Original Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a buyer's market exists, a ratio at or above 100% indicates more of a seller's market. The December 2019 selling price vs list price of 98.3% was down from 98.4% last month and down from 98.4% in December of last year.
Area Info
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.