Lawyers Title Market Report

Mesa, AZ 85204

Single-Family Homes

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Mesa, AZ 85204

Sat Jun 12 2021
This week the median list price for Mesa, AZ 85204 is $375,000 with the market action index hovering around 89. This is an increase over last month's market action index of 88. Inventory has increased to 23. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Mesa, AZ 85204

Sat Jun 12 2021
This week the median list price for Mesa, AZ 85204 is $375,000 with the market action index hovering around 89. This is an increase over last month's market action index of 88. Inventory has increased to 23. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $375,000
Median Price of New Listings $335,000
Per Square Foot $232
Average Days on Market 18
Median Days on Market 7
Price Decreased 22%
Price Increased 4%
Relisted 4%
Inventory 23
Median Rent $1,750
Market Action 89
Strong Seller's Market

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$699,900 2,764 0.5 - 1 acre 3 2 52 1 0 21
$422,900 1,554 8,000 - 10,000 sqft 3 2 40 1 0 31
$347,250 1,471 4,500 - 6,500 sqft 3 2 33 5 2 0
$312,450 1,341 4,500 - 6,500 sqft 3 2 42 4 2 0