Maricopa’s housing market has slowed sharply from a year ago, with home sales down 36% and inventory climbing as sellers face more competition and buyers gain leverage.
Data compiled from ARMLS for ZIP codes 85138 and 85139 showed 88 homes closed month-to-date, compared with 137 in the same window last year, according to local Realtor James Sanson.
The median sold price also declined, dropping from $359,990 to $342,000, a difference of about $18,000.
At the same time, Maricopa had 383 active listings and 4.4 months of supply, a measure of how long it would take to sell all current listings at the existing sales pace. Sanson said that compares with 1.59 months of supply across the broader Phoenix metro, giving Maricopa buyers significantly more options than buyers in cities like Phoenix, Chandler and Tempe.
Of Maricopa’s active listings, 222, or 58%, had already reduced their asking price at least once, according to the data. Thirty percent had been on the market for 90 days or longer.
The median active list price stood at $365,995, while the median closed price was $342,000, leaving a gap of nearly $24,000 between what sellers were asking and what buyers were paying.
Sanson pointed to several pressures affecting buyers, including mortgage rates at 6.39%, weaker national purchase application activity and rising fuel costs for Maricopa residents commuting to jobs in the Valley.
Still, the market was not uniformly weak for sellers.
According to the comparison, 36.4% of sellers sold at or above their original asking price this year, up from 24.8% during the same period in 2025. Homes in that group closed in a median of 32 days, compared with 54 days for comparable sellers a year earlier.
Meanwhile, sellers whose homes were overpriced took much longer to close, with a median of 106 days, nearly unchanged from last year’s 104-day median for that group.
That left a 74-day gap between homes that sold quickly and homes that lingered.
Sanson said the difference came down largely to pricing. In a market with elevated rates, more inventory and fewer buyers, he said sellers need to base their expectations on recent comparable sales in their subdivision rather than older market highs or online estimates.
The data suggests Maricopa sellers can still succeed, but only if they enter the market with realistic pricing and a clear understanding of the competition.
![Members of Maricopa Little League girls 12U All-Star softball team celebrate their District 4 win on June 16, 2026. [Maricopa Little League]](https://inmaricopa.com/wp-content/uploads/2026/06/20260617-maricopa-little-league-1-300x225.jpg)
![Maricopa Police Chief Mark Goodman speaks to Maricopa City Council while presenting his department's annual report on April 7, 2026. [Monica D. Spencer]](https://inmaricopa.com/wp-content/uploads/2026/05/GOV-Crime-Stats-by-Monica-D-Spencer-300x200.jpg)
![Members of Maricopa Little League girls 12U All-Star softball team celebrate their District 4 win on June 16, 2026. [Maricopa Little League]](https://inmaricopa.com/wp-content/uploads/2026/06/20260617-maricopa-little-league-1-150x150.jpg)
5 Responses
Maricopa should have capped development to 70K residents. There are so many people living here without a decent paying job.
There is no economic development in place and people don’t want to wake up at 4:30 or take an hour to commute 25 miles to and from work
People should research before they move to a place they know nothing about.
I agree with you.
The Mayor, Economic Development person and the entire City Counsel have made this City unpalatable to live in. Traffic congestion in the City and especially the 347 are horrific. The 347 is the deadliest road in the USA. Yet that did not deter the “leaders” from encouraging more and more housing builds. Yes….its a right to build State…however the permits to build are issued by the City of Maricopa.
What is especially offensive is the “ projects” built throughout the City. Ruining the skyline, families privacy and adding thousands of apartments for rent. Then there are the single family homes being built for rent.
Renters have “no skin in the game” so to speak. Therefore, quality of life becomes a concern for every resident. Right now all night long you can hear sirens blaring whether it’s police, fire or medical. Keeping a window open does not make for a serene indoor environment.
Where are all these people coming from and going to be employed and earn a salary to pay the rent. Are they traveling the 347 to go to employment? So more traffic congestion!
Eventually, the need for more police, fire and medical personnel and equipment will impact the City budget if it has not already happened.
And what about WATER. Is there enough to supply all the residents and for how long?
It would be interesting to do a title search on all the land being developed for housing to see who profited from the ever expanding population planned for the City of Maricopa.
Instead of creating a City like the City of Chandler……the politicians have created a mess. As a result of this I see no reason to vote for any incumbent. Hopefully in 2028 there will be a viable contender for Mayor of the City of Maricopa.
I used to deal with statistics as a major part of my job. As usual, I don’t feel there is enough information here. (OR I’m too doggone curious.) BUT, don’t the numbers of Homes Sold include the brand-new homes sold by the builders??? It makes a big shift in the interpretation. I assume the article is meant for private homeowners. It matters because… Maricopa is still rapidly growing, right? OR it means more people want to stay where they are. If so, WHY? (Economy?) More input, please.
Dave is correct.The city is hell bent on being big,bigger and finally biggest.And anyway they see fit to get there.Why????If all these council members and mayor want to live in a city that’s congested,paintings and murals on everything they can,police and fire(talk to any officer or firefighter NOT in administration)lacking way behind growth,chief of police NOT working with federal agencies they should move to LA.And the county is just as bad.