Lawyers Title Market Report

Mesa, AZ 85207

Single-Family Homes

Lawyers Title Arizona | www.LawyersTitleArizona.com | 602.257.2600



Mesa, AZ 85207

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. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Mesa, AZ 85207

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. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $871,750
Per Square Foot $253
Days on Market 14
Price Decreased 15%
Price Increased 9%
Relisted 3%
Inventory 34
Median Rent $1,995
Most Expensive $3,495,000
Least Expensive $310,000
Market Action 71
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.

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
$2,487,500 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