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Mesa, AZ 85201

Single-Family Homes

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Mesa, AZ 85201

Thu Jan 20 2022
This week the median list price for Mesa, AZ 85201 is $449,500 with the market action index hovering around 79. This is less than last month's market action index of 86. Inventory has increased to 12. 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Mesa, AZ 85201

Thu Jan 20 2022
This week the median list price for Mesa, AZ 85201 is $449,500 with the market action index hovering around 79. This is less than last month's market action index of 86. Inventory has increased to 12. 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $449,500
Median Price of New Listings $361,000
Per Square Foot $287
Average Days on Market 53
Median Days on Market 56
Price Decreased 42%
Price Increased 0%
Relisted 8%
Inventory 12
Median Rent $1,848
Market Action 79
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
$625,000 2,520 0.25 - 0.5 acre 3 2 47 0 0 77
$463,000 2,477 8,000 - 10,000 sqft 4 2 44 0 0 63
$385,000 1,362 8,000 - 10,000 sqft 3 2 67 2 1 56
$350,000 1,170 6,500 - 8,000 sqft 3 2 61 1 0 35