Navi Title Agency

Mesa, AZ 85202

Single-Family Homes

Here is your weekly Market Update!



Mesa, AZ 85202

Fri Jun 02 2023
This week the median list price for Mesa, AZ 85202 is $550,000 with the market action index hovering around 77. This is an increase over last month's market action index of 75. Inventory has increased to 7. 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 85202

Fri Jun 02 2023
This week the median list price for Mesa, AZ 85202 is $550,000 with the market action index hovering around 77. This is an increase over last month's market action index of 75. Inventory has increased to 7. 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 $550,000
Median Price of New Listings $537,400
Per Square Foot $250
Average Days on Market 49
Median Days on Market 14
Price Decreased 43%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 77
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$664,900 2,662 6,500 - 8,000 sqft 4 2.5 44 0 0 21
$597,400 2,462 0.25 - 0.5 acre 3 2.8 47 1 1 3
$544,950 1,841 6,500 - 8,000 sqft 3 2 45 0 0 133
$479,000 1,839 6,500 - 8,000 sqft 3 2 49 1 1 24