Seller’s market is officially in Maricopa

2721

More than once I have said it is always a good real estate market for someone – you just have to find out who that someone is.

Recently, the real estate market has changed from a buyer's market to a seller's market. This literally means there are fewer homes available to purchase than the number of people looking to buy.

What this creates is a basic housing supply-demand issue.

In Maricopa specifically, this shortage of homes is causing the prices to finally increase in most communities. As an example, a 1,750-square-foot home in Cobblestone has increased approximately $31.11 per square foot between September 2011 and September 2012.