Single-Family Homes
Thu Mar 28 2024
This week the median list price for Mesa, AZ 85202 is $590,000 with the market action index hovering around 58. This is about the same as last month's market action index of 58. Inventory has decreased to 21.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $590,000 | |
Median Price of New Listings | $550,000 | |
Per Square Foot | $300 | |
Average Days on Market | 44 | |
Median Days on Market | 21 | |
Price Decreased | 33% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 21 | |
Median Rent | ||
Market Action | 58 | |
Strong Seller's Market |
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$655,000 | 2,375 | 8,000 - 10,000 sqft | 4 | 3 | 47 | 1 | 2 | 21 |
$628,000 | 2,004 | 8,000 - 10,000 sqft | 4 | 2 | 46 | 1 | 0 | 63 |
$550,000 | 1,961 | 8,000 - 10,000 sqft | 4 | 3 | 48 | 3 | 1 | 0 |
$469,000 | 1,455 | 6,500 - 8,000 sqft | 3 | 2 | 46 | 2 | 0 | 66 |