Your Localized Market Report

Mesa, AZ 85207

Single-Family Homes

Lawyers Title Arizona | www.LawyersTitleArizona.com | 602.257.2600



Mesa, AZ 85207

Mon Jan 24 2022
This week the median list price for Mesa, AZ 85207 is $681,500 with the market action index hovering around 70. This is an increase over last month's market action index of 67. Inventory has decreased to 40. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Mesa, AZ 85207

Mon Jan 24 2022
This week the median list price for Mesa, AZ 85207 is $681,500 with the market action index hovering around 70. This is an increase over last month's market action index of 67. Inventory has decreased to 40. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $681,500
Median Price of New Listings $655,000
Per Square Foot $286
Average Days on Market 69
Median Days on Market 42
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 40
Median Rent $2,500
Market Action 70
Strong Seller's Market

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$1,387,500 5,432 0.5 - 1 acre 5 4.5 16 2 3 49
$817,000 2,964 0.25 - 0.5 acre 4 3 20 3 1 45
$620,000 2,223 6,500 - 8,000 sqft 3 2.5 21 2 2 49
$421,000 1,716 8,000 - 10,000 sqft 4 2 37 3 5 35