Navi Title Agency

Mesa, AZ 85215

Single-Family Homes

Here is your weekly Market Update!



Mesa, AZ 85215

Fri Jun 02 2023
This week the median list price for Mesa, AZ 85215 is $650,000 with the market action index hovering around 56. This is an increase over last month's market action index of 52. Inventory has decreased to 24. 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. Current supply and demand levels show no sign of prices changing from their current trend.

Mesa, AZ 85215

Fri Jun 02 2023
This week the median list price for Mesa, AZ 85215 is $650,000 with the market action index hovering around 56. This is an increase over last month's market action index of 52. Inventory has decreased to 24. 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. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $650,000
Median Price of New Listings $637,500
Per Square Foot $309
Average Days on Market 58
Median Days on Market 28
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 24
Median Rent
Market Action 56
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
$2,287,000 7,299 1 - 2.5 acres 5 5.5 19 1 1 35
$692,500 2,214 8,000 - 10,000 sqft 3 2.8 3 2 1 17
$612,000 2,035 6,500 - 8,000 sqft 3 2.5 23 0 0 42
$485,950 1,901 4,500 - 6,500 sqft 3 2 38 3 4 38