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Mesa, AZ 85209

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Mesa, AZ 85209

Fri Jan 21 2022
This week the median list price for Mesa, AZ 85209 is $502,500 with the market action index hovering around 80. This is less than last month's market action index of 82. Inventory has decreased to 34. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Mesa, AZ 85209

Fri Jan 21 2022
This week the median list price for Mesa, AZ 85209 is $502,500 with the market action index hovering around 80. This is less than last month's market action index of 82. Inventory has decreased to 34. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $502,500
Median Price of New Listings $507,950
Per Square Foot $240
Average Days on Market 34
Median Days on Market 28
Price Decreased 29%
Price Increased 3%
Relisted 6%
Inventory 34
Median Rent $2,338
Market Action 80
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
$639,450 2,545 8,000 - 10,000 sqft 3 2.5 19 6 2 10
$545,450 2,204 6,500 - 8,000 sqft 3 2.3 18 1 2 35
$461,000 1,885 4,500 - 6,500 sqft 3 2 24 4 3 14
$410,000 1,694 6,500 - 8,000 sqft 2 2 28 3 3 28