Your Local Market Report

Mesa, AZ

Single-Family Homes

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Mesa, AZ

Fri Mar 24 2023
This week the median list price for Mesa, AZ is $499,850 with the market action index hovering around 49. This is an increase over last month's market action index of 46. Inventory has decreased to 582. 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

Fri Mar 24 2023
This week the median list price for Mesa, AZ is $499,850 with the market action index hovering around 49. This is an increase over last month's market action index of 46. Inventory has decreased to 582. 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 $499,850
Median Price of New Listings $482,200
Per Square Foot $265
Average Days on Market 85
Median Days on Market 49
Price Decreased 53%
Price Increased 3%
Relisted 7%
Inventory 582
Median Rent
Market Action 49
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate 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
$774,900 3,104 0.25 - 0.5 acre 4 3 18 16 20 77
$550,000 2,080 6,500 - 8,000 sqft 3 2 23 26 24 56
$449,900 1,660 6,500 - 8,000 sqft 3 2 27 21 26 42
$357,950 1,386 6,500 - 8,000 sqft 2 2 45 29 16 35