📊 Maricopa County Real Estate Market Snapshot – March 2025 Update

The real estate market in Maricopa County and surrounding areas continues to shift, and staying informed is key—whether you’re buying, selling, or investing. Here’s the latest market snapshot, powered by ARMLS, to help you navigate today’s trends.

📈 Market Overview

The numbers for February 2025 are in, and they show a mix of steady growth and continued demand in the housing market. Here’s a breakdown of the key metrics:

• 🏡 Average Sales Price: $624,581

-Up 7.7% YoY (Year-over-Year), indicating home values continue to rise in the region.

• 🏠 Homes Sold: 5,781

-A healthy number of transactions closed, showing a steady level of activity.

• 📑 Homes Under Contract: 6,812

-This means buyer demand remains strong, as many homes are still in escrow.

• 📅 Average Days on Market: 79

-Homes are staying on the market for nearly 80 days, which suggests a balanced market—not too hot, not too cold.

• 🏘️ Active & Coming Soon Listings: 24,624

-Inventory remains steady, giving buyers options while still favoring well-priced, move-in-ready homes.

• 📊 Market Trends YoY:

• Sales Price Up 7.7% 📈

• Solds Up 0.9% 📊

• Contracts Up 1.2% 📄

🔍 What This Means for Buyers & Sellers

For Buyers:

• Prices are rising, so waiting could mean paying more later.

• Inventory is available, but well-priced homes are moving quickly.

• Interest rates remain a key factor—talk to a lender to explore your best financing options.

For Sellers:

• Home values are increasing, making this a great time to sell.

• Homes are taking about 79 days to sell, so pricing correctly is crucial.

• Buyer demand is steady—staging, marketing, and competitive pricing will help your home sell faster.

💬 Thinking About Buying or Selling? Let’s Talk!

With prices trending upward and demand holding steady, now is a great time to make your move in the Maricopa County real estate market. Whether you’re buying, selling, or investing, having the right guidance is key.

📞 Call The Araizas at 602.529.8356

🌐 Visit www.TheAraizas.com for expert real estate advice

Let’s make your real estate goals happen! 🏡✨

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