Lawyers Title Market Report

Mesa, AZ 85213

Single-Family Homes

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Mesa, AZ 85213

Sat Jun 12 2021
This week the median list price for Mesa, AZ 85213 is $597,499 with the market action index hovering around 88. This is less than last month's market action index of 92. Inventory has increased to 16. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 85213

Sat Jun 12 2021
This week the median list price for Mesa, AZ 85213 is $597,499 with the market action index hovering around 88. This is less than last month's market action index of 92. Inventory has increased to 16. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 $597,499
Median Price of New Listings $453,950
Per Square Foot $251
Average Days on Market 25
Median Days on Market 14
Price Decreased 31%
Price Increased 0%
Relisted 6%
Inventory 16
Median Rent $1,750
Market Action 88
Strong Seller's Market

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$2,249,999 8,323 0.5 - 1 acre 6 6 20 0 0 49
$631,450 2,696 0.25 - 0.5 acre 4 2 14 1 1 17
$557,000 2,294 0.25 - 0.5 acre 4 2 34 2 2 10
$402,000 1,570 6,500 - 8,000 sqft 3 2 47 3 4 0