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Mesa, AZ 85204

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Mesa, AZ 85204

Fri Jan 21 2022
This week the median list price for Mesa, AZ 85204 is $455,000 with the market action index hovering around 90. This is an increase over last month's market action index of 89. Inventory has decreased to 19. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Mesa, AZ 85204

Fri Jan 21 2022
This week the median list price for Mesa, AZ 85204 is $455,000 with the market action index hovering around 90. This is an increase over last month's market action index of 89. Inventory has decreased to 19. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $455,000
Median Price of New Listings $429,950
Per Square Foot $295
Average Days on Market 41
Median Days on Market 35
Price Decreased 26%
Price Increased 5%
Relisted 5%
Inventory 19
Median Rent $1,960
Market Action 90
Strong Seller's Market

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$922,400 3,293 0.25 - 0.5 acre 5 3 42 1 1 73
$471,000 1,728 8,000 - 10,000 sqft 4 2 46 1 1 28
$449,000 1,490 6,500 - 8,000 sqft 3 2 42 1 2 21
$386,200 1,236 6,500 - 8,000 sqft 3 2 53 4 2 28