Fri Dec 13 2019
This week the median list price for Mesa, AZ 85207 is $627,500 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 128.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$627,500|
|Per Square Foot||$207|
|Days on Market||85|
|Strong Seller's Market|
Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,299,945||5,097||0.5 - 1 acre||5||5||12||1||2||130|
|$726,475||3,379||0.25 - 0.5 acre||4||3||12||1||3||76|
|$500,000||2,837||0.25 - 0.5 acre||4||3||18||1||5||94|
|$314,500||1,763||0 - 4,500 sqft||3||2||18||8||9||37|