Lawyers Title Market Report

Mesa, AZ 85207

Single-Family Homes

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Mesa, AZ 85207

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. 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 achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Mesa, AZ 85207

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. 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 achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $627,500
Per Square Foot $207
Days on Market 85
Price Decreased 48%
Price Increased 7%
Relisted 2%
Inventory 128
Median Rent $2,072
Most Expensive $2,875,000
Least Expensive $206,000
Market Action 47
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.

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
$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