The First American Title Market Report

Mesa, AZ

Single-Family Homes

Arizona Direct Operations



Mesa, AZ

Mon Oct 19 2020
This week the median list price for Mesa, AZ is $409,999 with the market action index hovering around 83. This is an increase over last month's market action index of 81. Inventory has held steady at or around 418. 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

Mon Oct 19 2020
This week the median list price for Mesa, AZ is $409,999 with the market action index hovering around 83. This is an increase over last month's market action index of 81. Inventory has held steady at or around 418. 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 $409,999
Per Square Foot $203
Days on Market 53
Price Decreased 29%
Price Increased 7%
Relisted 3%
Inventory 418
Median Rent $1,995
Most Expensive $4,400,000
Least Expensive $206,800
Market Action 83
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change 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
$854,950 4,090 0.5 - 1 acre 4 3 16 22 21 99
$475,000 2,324 8,000 - 10,000 sqft 4 2 16 36 33 39
$359,900 1,875 0 - 4,500 sqft 3 2 28 50 32 25
$290,000 1,403 0 - 4,500 sqft 3 2 42 51 46 47