About El Mirage Arizona Homes
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 (46) homes available in El Mirage today.
February Property sales were 48, up 11.6% from 43 in February of 2018 and 20.0% higher than the 40 sales last month. February 2019 sales were at their highest level compared to February of 2018 and 2017. February YTD sales of 88 are running 6.0% ahead of last year’s year-to-date sales of 83.
The Median Sales Price in February was $207,600, up 3.8% from $200,000 in February of 2018 and up 0.4% from $206,750 last month. The Average Sales Price in February was $210,204, up 7.1% from $196,279 in February of 2018 and down 1.3% from $213,020 last month. February 2019 ASP was at the highest level compared to February of 2018 and 2017.
The Total Inventory of Properties available for sale as of February was 67, up 13.6% from 59 last month and up 34.0% from 50 in February of last year. February 2019 Inventory was at its highest level compared with February of 2018 and 2017.
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 February was 38, up 2.7% from 37 days last month and up 15.2% from 33 days in February of last year. The February 2019 DOM was at a mid level compared with February 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 February 2019 Selling Price per Square Foot of $133 was down 0.2% from $133 last month and up 10.5% from 120 in February 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 February 2019 Selling Price vs Original List Price of 99.5% was up from 98.7% last month and up from 98.4% in February 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