About El Mirage Arizona Homes

Homes | Land | Rentals | Open House

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 (54) homes available in El Mirage today.

Property Sales
October Property sales were 39, down 32.8% from 58 in October of 2017 and 2.5% lower than the 40 sales last month. October 2018 sales were at their lowest level compared to October of 2017 and 2016. October YTD sales of 494 are running 2.9% behind last year’s year-to-date sales of 509.

Prices
The Median Sales Price in October was $205,000, up 14.2% from $179,445 in October of 2017 and up 1.7% from $201,500 last month. The Average Sales Price in October was $208,244, up 14.2% from $182,427 in October of 2017 and up 3.3% from $201,611 last month. October 2018 ASP was at the highest level compared to October of 2017 and 2016.

Inventory
The Total Inventory of Properties available for sale as of October was 77, up 54.0% from 50 last month and up 48.1% from 52 in October of last year. October 2018 Inventory was at its highest level compared with October of 2017 and 2016.

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 October was 25, up 8.7% from 23 days last month and up 8.7% from 23 days in October of last year. The October 2018 DOM was at a mid level compared with October of 2017 and 2016.

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 October 2018 Selling Price per Square Foot of $135 was down 0.0% from $135 last month and up 11.3% from 121 in October of last year.

Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original 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 October 2018 Selling Price vs Original List Price of 99.2% was down from 99.3% last month and up from 99.0% in October of last year.

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

Corey Frederic –
Coldwell Banker Residential Brokerage