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Mesa, AZ 85206

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Mesa, AZ 85206

Sat Dec 03 2022
This week the median list price for Mesa, AZ 85206 is $420,750 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 104. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Mesa, AZ 85206

Sat Dec 03 2022
This week the median list price for Mesa, AZ 85206 is $420,750 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 104. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $420,750
Median Price of New Listings $375,000
Per Square Foot $257
Average Days on Market 71
Median Days on Market 56
Price Decreased 61%
Price Increased 2%
Relisted 6%
Inventory 104
Median Rent
Market Action 37
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift 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
$572,500 2,148 8,000 - 10,000 sqft 3 2.5 35 0 1 59
$445,000 1,800 6,500 - 8,000 sqft 3 2 33 1 3 66
$397,450 1,560 6,500 - 8,000 sqft 3 2 37 1 1 56
$349,500 1,567 6,500 - 8,000 sqft 2 2 43 3 3 42