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Mesa, AZ 85204

Single-Family Homes

Here is your weekly Market Update!



Mesa, AZ 85204

Fri Jun 02 2023
This week the median list price for Mesa, AZ 85204 is $433,500 with the market action index hovering around 85. This is an increase over last month's market action index of 82. Inventory has increased to 18. 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 85204

Fri Jun 02 2023
This week the median list price for Mesa, AZ 85204 is $433,500 with the market action index hovering around 85. This is an increase over last month's market action index of 82. Inventory has increased to 18. 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 $433,500
Median Price of New Listings $404,995
Per Square Foot $272
Average Days on Market 33
Median Days on Market 18
Price Decreased 39%
Price Increased 6%
Relisted 11%
Inventory 18
Median Rent
Market Action 85
Strong Seller's Market

Prices in this zip code seem to have settled around a 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
$724,950 2,852 0.25 - 0.5 acre 4 2.5 45 0 1 21
$472,497 1,807 8,000 - 10,000 sqft 4 2 43 2 1 38
$420,000 1,574 6,500 - 8,000 sqft 3 2 40 2 2 14
$399,900 1,305 6,500 - 8,000 sqft 3 2 49 2 2 56