What cash buyers have been doing here in the last 12 months.
Data last updated
In El Mirage, investors own about 731 tracked properties across 89 active buyers, with a median investor purchase price near $368,000. 74 were acquired in the last 12 months.
Buying has slowed in El Mirage — 74 purchases over 12 months versus about 113 the year before, off roughly 35%. Less competition per contract, but also fewer buyers to place one with.
Strategy here skews to buy & hold, which accounts for 97.7% of tracked deals. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.
Typical construction year on investor-owned property is 2002. At 2.0% pre-1980, this is comparatively new housing — lighter rehab, fewer legacy-systems surprises.
Buying concentrates in one place here: 85335 takes the largest share of investor purchases in El Mirage.
89 cash buyers are active in El Mirage, and between them they hold about 731 properties. Each averaged under 0.8 purchases over the last 12 months, so the pool is broad rather than concentrated: more names to work, with less riding on any single relationship.
Typical deal size in El Mirage sits around $368,000. An average of $2,950,000 against that median means a handful of large purchases are skewing the mean. Use the median when you price, or you will aim high and lose the middle of the market.
All figures above reflect recorded transactions in this city and update as records are processed. Past activity only — nothing here is a forecast or investment advice.