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Mesa, AZ 85207

Single-Family Homes

Here is your weekly Market Update!



Mesa, AZ 85207

Fri Jun 02 2023
This week the median list price for Mesa, AZ 85207 is $734,000 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has decreased to 55. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Mesa, AZ 85207

Fri Jun 02 2023
This week the median list price for Mesa, AZ 85207 is $734,000 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has decreased to 55. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $734,000
Median Price of New Listings $689,000
Per Square Foot $291
Average Days on Market 71
Median Days on Market 35
Price Decreased 45%
Price Increased 0%
Relisted 4%
Inventory 55
Median Rent
Market Action 54
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,499,900 3,835 1 - 2.5 acres 4 3.5 19 1 0 56
$900,000 3,139 0.25 - 0.5 acre 4 3.3 22 1 4 31
$687,000 2,365 4,500 - 6,500 sqft 3 2.5 20 4 2 42
$549,950 1,933 0.25 - 0.5 acre 3 2.3 24 3 7 7