Fri Mar 05 2021
This week the median list price for Mesa, AZ 85207 is $871,750 with the market action index hovering around 71. This is an increase over last month's market action index of 65. Inventory has held steady at or around 34.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$871,750|
|Per Square Foot||$253|
|Days on Market||14|
|Strong Seller's Market|
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$2,487,500||7,229||1 - 2.5 acres||5||5||14||0||0||311|
|$1,447,495||5,442||0.5 - 1 acre||4||5||17||3||1||101|
|$800,000||3,300||0.5 - 1 acre||4||3||16||4||2||7|
|$449,000||2,184||8,000 - 10,000 sqft||3||2||20||6||6||0|