Your Localized Market Report

Mesa, AZ 85207

Single-Family Homes

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Mesa, AZ 85207

Sun Jan 29 2023
This week the median list price for Mesa, AZ 85207 is $662,500 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has decreased to 98. 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.

Slight Seller's Advantage

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

Sun Jan 29 2023
This week the median list price for Mesa, AZ 85207 is $662,500 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has decreased to 98. 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.

Slight Seller's Advantage

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 $662,500
Median Price of New Listings $485,000
Per Square Foot $288
Average Days on Market 102
Median Days on Market 84
Price Decreased 54%
Price Increased 3%
Relisted 8%
Inventory 98
Median Rent
Market Action 42
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,362,000 3,661 1 - 2.5 acres 4 3.8 20 0 1 105
$775,000 2,742 0.25 - 0.5 acre 4 3 21 3 5 126
$539,900 1,911 6,500 - 8,000 sqft 3 2.5 18 6 8 42
$399,900 1,484 8,000 - 10,000 sqft 3 2 25 6 6 77