Navi Title Agency

Mesa, AZ 85210

Single-Family Homes

Here is your weekly Market Update!



Mesa, AZ 85210

Sat Jul 20 2024
This week the median list price for Mesa, AZ 85210 is $453,000 with the market action index hovering around 63. This is an increase over last month's market action index of 60. Inventory has decreased to 13. 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 been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Mesa, AZ 85210

Sat Jul 20 2024
This week the median list price for Mesa, AZ 85210 is $453,000 with the market action index hovering around 63. This is an increase over last month's market action index of 60. Inventory has decreased to 13. 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 been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $453,000
Median Price of New Listings $536,000
Per Square Foot $300
Average Days on Market 47
Median Days on Market 35
Price Decreased 38%
Price Increased 8%
Relisted 8%
Inventory 13
Median Rent
Market Action 63
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$599,700 2,094 8,000 - 10,000 sqft 4 2 43 1 1 21
$459,900 1,549 6,500 - 8,000 sqft 3 2 45 0 0 28
$449,900 1,230 8,000 - 10,000 sqft 3 2 55 0 3 35
$319,950 1,161 6,500 - 8,000 sqft 2 1.5 61 0 0 63