Navi Title Agency

Mesa, AZ 85215

Single-Family Homes

Here is your weekly Market Update!



Mesa, AZ 85215

Thu Sep 21 2023
This week the median list price for Mesa, AZ 85215 is $600,000 with the market action index hovering around 68. This is an increase over last month's market action index of 65. Inventory has increased to 21. 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 85215

Thu Sep 21 2023
This week the median list price for Mesa, AZ 85215 is $600,000 with the market action index hovering around 68. This is an increase over last month's market action index of 65. Inventory has increased to 21. 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 $600,000
Median Price of New Listings $527,450
Per Square Foot $309
Average Days on Market 47
Median Days on Market 14
Price Decreased 29%
Price Increased 10%
Relisted 5%
Inventory 21
Median Rent
Market Action 68
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. 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
$1,600,000 5,535 1 - 2.5 acres 6 5 16 0 0 49
$739,000 2,072 4,500 - 6,500 sqft 3 2.5 0 2 1 0
$595,000 2,212 6,500 - 8,000 sqft 3 2 25 1 2 7
$449,900 1,551 4,500 - 6,500 sqft 2 2 29 3 3 24