El Mirage 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.
We can currently see (11) homes available in El Mirage today.
Our Median Sales Price in December was $260,000, up 15.1% from $225,900 in December of 2019 and up 3.4% from $251,500 last month. The average sales price in December was $258,738, up 16.5% from $222,113 in December of 2019 and up 2.5% from $252,442 last month. December 2020 ASP was at highest level compared to December of 2019 and 2018. (more Market Report below photos)
El Mirage Homes ~ Newest Listings
El Mirage Homes ~ Monthly Market Report
December property sales were 65, up from 44 in December of 2019 and 4.8% higher than the 62 sales last month. December 2020 sales were at their highest level compared to December of 2019 and 2018. December YTD sales of 588 are running -6.1% behind last year’s year-to-date sales of 626.
The total inventory of properties available for sale as of December was 14, down -36.4% from 22 last month and down -62.2% from 37 in December of last year. December 2020 Inventory was at the lowest level compared to December of 2019 and 2018.
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 25, up from 13 days last month and up from 24 days in December of last year. The December 2020 DOM was at its highest level compared with December of 2019 and 2018.
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 2020 selling price per square foot of $178 was up 1.1% from $176 last month and up 22.8% from $145 in December 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 – We are located next to Paradise Valley (See Map Here) ~ You can also find us at Paradise Valley Homes 🙂