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Mesa, AZ 85201

Single-Family Homes

Here is your weekly Market Update!



Mesa, AZ 85201

Fri Jun 02 2023
This week the median list price for Mesa, AZ 85201 is $500,000 with the market action index hovering around 62. This is less than last month's market action index of 70. Inventory has decreased to 11. 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 has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Mesa, AZ 85201

Fri Jun 02 2023
This week the median list price for Mesa, AZ 85201 is $500,000 with the market action index hovering around 62. This is less than last month's market action index of 70. Inventory has decreased to 11. 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 has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $500,000
Median Price of New Listings $0
Per Square Foot $278
Average Days on Market 85
Median Days on Market 42
Price Decreased 64%
Price Increased 18%
Relisted 9%
Inventory 11
Median Rent
Market Action 62
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$798,500 3,369 0.25 - 0.5 acre 4 3.3 62 0 0 129
$525,000 1,801 4,500 - 6,500 sqft 3 2 43 0 0 7
$499,000 1,914 6,500 - 8,000 sqft 3 2 66 0 0 112
$390,000 1,180 6,500 - 8,000 sqft 3 2 54 0 2 91