Transforming Spaces: Unlocking the Future of Real Estate

In April, the average list price per square foot in the 85331 and 85377 zip codes was $422, with a selling price of $401. Over the last quarter of 2024, specifically in October, November, and December, the selling price stabilized around $373 per foot.

According to the Multiple Listing Service (MLS), there are currently 27,198 properties listed for sale. However, focusing solely on Maricopa County reveals a more limited inventory of 21,039 units, indicating a 23% reduction. This figure is particularly relevant when contrasting with Cave Creek and Carefree, as our market is not competitive with those listings. When examining single-family homes, Maricopa County reports 15,659 available units.

Within the 85331 and 85377 zip codes, there are 350 homes on the market, priced between $280,000 and $12,000,000. The average asking price stands at $1,514,239.