Lawyers Title Market Report

Mesa, AZ 85207

Single-Family Homes

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Mesa, AZ 85207

Mon Jun 21 2021
This week the median list price for Mesa, AZ 85207 is $737,450 with the market action index hovering around 83. This is an increase over last month's market action index of 82. Inventory has increased to 52. 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 Jun 21 2021
This week the median list price for Mesa, AZ 85207 is $737,450 with the market action index hovering around 83. This is an increase over last month's market action index of 82. Inventory has increased to 52. 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 $737,450
Median Price of New Listings $435,000
Per Square Foot $286
Average Days on Market 68
Median Days on Market 14
Price Decreased 23%
Price Increased 2%
Relisted 0%
Inventory 52
Median Rent $2,395
Market Action 83
Strong Seller's Market

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$1,600,000 4,751 0.5 - 1 acre 5 4 13 4 3 14
$899,900 3,025 0.5 - 1 acre 4 3 14 1 4 28
$549,900 2,065 8,000 - 10,000 sqft 3 2 22 3 5 14
$379,900 1,418 8,000 - 10,000 sqft 3 2 29 9 9 0