First Integrity Title Market Report

Mesa, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Mesa, AZ

Wed Mar 03 2021
This week the median list price for Mesa, AZ is $425,000 with the market action index hovering around 93. This is an increase over last month's market action index of 89. Inventory has held steady at or around 174. 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

Wed Mar 03 2021
This week the median list price for Mesa, AZ is $425,000 with the market action index hovering around 93. This is an increase over last month's market action index of 89. Inventory has held steady at or around 174. 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 $425,000
Per Square Foot $222
Days on Market 7
Price Decreased 12%
Price Increased 9%
Relisted 4%
Inventory 174
Median Rent $1,950
Most Expensive $3,495,000
Least Expensive $219,900
Market Action 93
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,295,000 4,762 0.5 - 1 acre 5 4 17 10 9 35
$495,000 2,350 8,000 - 10,000 sqft 4 2 26 21 25 7
$375,000 1,702 8,000 - 10,000 sqft 3 2 41 33 34 0
$299,950 1,394 6,500 - 8,000 sqft 3 2 44 27 30 3