Arizona's Most Current Market Reports

Mesa, AZ

Single-Family Homes

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Mesa, AZ

Sun Jul 12 2026
This week the median list price for Mesa, AZ is $527,450 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 1,038. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Sun Jul 12 2026
This week the median list price for Mesa, AZ is $527,450 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 1,038. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $527,450
Median Price of New Listings $536,500
Per Square Foot $273
Average Days on Market 80
Median Days on Market 56
Price Decreased 51%
Price Increased 2%
Relisted 4%
Inventory 1,038
Median Rent
Market Action 41
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change 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
$924,450 3,334 0.25 - 0.5 acre 4 3.5 21 16 16 70
$590,000 2,237 6,500 - 8,000 sqft 4 2.5 25 25 33 49
$469,900 1,726 6,500 - 8,000 sqft 3 2 31 17 29 42
$360,000 1,302 4,500 - 6,500 sqft 2 2 46 22 44 56