Lawyers Title Market Report

Mesa, AZ 85215

Single-Family Homes

Lawyers Title Arizona | www.LawyersTitleArizona.com | 602.257.2600



Mesa, AZ 85215

Fri Feb 28 2020
This week the median list price for Mesa, AZ 85215 is $649,000 with the market action index hovering around 49. This is an increase over last month's market action index of 45. Inventory has held steady at or around 33. Click here to stay informed with the Mesa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Mesa, AZ 85215

Fri Feb 28 2020
This week the median list price for Mesa, AZ 85215 is $649,000 with the market action index hovering around 49. This is an increase over last month's market action index of 45. Inventory has held steady at or around 33. Click here to stay informed with the Mesa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $649,000
Per Square Foot $195
Days on Market 87
Price Decreased 30%
Price Increased 12%
Relisted 12%
Inventory 33
Median Rent $1,625
Most Expensive $2,200,000
Least Expensive $245,000
Market Action 49
Strong Seller's Market

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,177,000 5,552 0.5 - 1 acre 5 5 18 2 0 50
$699,450 3,442 0.5 - 1 acre 4 3 21 0 0 175
$503,200 2,975 0.25 - 0.5 acre 3 2 22 2 3 78
$324,900 1,755 0 - 4,500 sqft 3 2 27 3 3 47