Navi Title Agency

Mesa, AZ 85212

Single-Family Homes

Here is your weekly Market Update!



Mesa, AZ 85212

Sun Apr 14 2024
This week the median list price for Mesa, AZ 85212 is $643,485 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has increased to 168. 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 85212

Sun Apr 14 2024
This week the median list price for Mesa, AZ 85212 is $643,485 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has increased to 168. 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 $643,485
Median Price of New Listings $647,976
Per Square Foot $274
Average Days on Market 56
Median Days on Market 28
Price Decreased 48%
Price Increased 15%
Relisted 8%
Inventory 168
Median Rent
Market Action 43
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$935,000 3,450 8,000 - 10,000 sqft 4 4 4 3 7 31
$712,000 2,696 6,500 - 8,000 sqft 4 3 2 5 8 24
$609,945 2,150 4,500 - 6,500 sqft 4 3 3 5 5 35
$517,450 1,857 4,500 - 6,500 sqft 3 2.5 3 3 12 21