RR
Mesa
Market Report
By Russ Lyon Sotheby's International Realty
Market Report
Mesa
Arizona
Filtered
Single FamilyTownhouseCondominium

Market Summary for Mesa

The following data shows the current and past housing market conditions.
Filtered
Single FamilyTownhouseCondominium
Homes Sold
415
3% vs. previous period
Sales Volume
$222.0M
11% vs. previous period
Median Sale Price
$475K
6% vs. previous period
Sale to List Ratio
98%
No change vs. previous period
Avg Price per SqFt
$264
No change vs. previous period
Avg Days on Market
66
3% vs. previous period

Property Types

Over the past five years, the majority of homes sold have been Single Families, with some Townhouses and a limited number of Manufactureds available.
Single Family
23,064
Townhouse
3,750
Manufactured
3,254
Condominium
1,446
Multi-Family
370
Land
218
Coop
10

Stats by Price Range

Filtered
Single FamilyTownhouseCondominium
Homes Sold
Days To Contract
New Listings

Market Conditions

Filtered
Single FamilyTownhouseCondominium

Slightly Seller’s Market

Across all price ranges

3.1

months of inventory

Buyer's

Sellers

Price rangeInventoryStatus

Under $200K

—

—

Under $300K

—

—

$200K–$300K

—

—

$300K–$400K

2.7 months

Seller’s Market

$400K–$500K

3 months

Slightly Seller’s Market

$500K–$600K

2.9 months

Seller’s Market

Above $600K

—

—

$600K–$700K

—

—

Above $700K

—

—

Sellers still have the upper hand, but homes may take a bit longer to sell and prices may hover near asking. Buyers should still expect some competition and limited room for negotiation.

Listings in Mesa, Arizona

Browse available properties in Mesa, Arizona.
Filtered
Single FamilyTownhouseCondominium