Your Localized Market Report

Mesa, AZ 85201

Single-Family Homes

Lawyers Title Arizona & Grand Canyon Title Agency www.LawyersTitleArizona.com & www.gcta.com



Mesa, AZ 85201

Thu Mar 28 2024
This week the median list price for Mesa, AZ 85201 is $515,000 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 23. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Mesa, AZ 85201

Thu Mar 28 2024
This week the median list price for Mesa, AZ 85201 is $515,000 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 23. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $515,000
Median Price of New Listings $515,000
Per Square Foot $305
Average Days on Market 65
Median Days on Market 28
Price Decreased 22%
Price Increased 9%
Relisted 9%
Inventory 23
Median Rent
Market Action 47
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$798,900 2,397 0.25 - 0.5 acre 4 3 79 0 0 70
$602,500 2,283 0.25 - 0.5 acre 3 2.5 64 2 1 35
$454,475 1,692 8,000 - 10,000 sqft 3 2 49 1 1 21
$351,950 1,112 4,500 - 6,500 sqft 2 2 72 2 0 24