First Integrity Title Market Report

Mesa, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Mesa, AZ

Sun Mar 07 2021
This week the median list price for Mesa, AZ is $270,000 with the market action index hovering around 91. This is an increase over last month's market action index of 86. Inventory has held steady at or around 46. 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Mesa, AZ

Sun Mar 07 2021
This week the median list price for Mesa, AZ is $270,000 with the market action index hovering around 91. This is an increase over last month's market action index of 86. Inventory has held steady at or around 46. 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Mesa market.
Median List Price $270,000
Per Square Foot $204
Days on Market 4
Price Decreased 7%
Price Increased 0%
Relisted 0%
Inventory 46
Median Rent $1,274
Most Expensive $1,120,000
Least Expensive $175,000
Market Action 91
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$415,000 1,633 4,500 - 6,500 sqft 2 2 30 1 4 7
$289,900 1,463 0 - 4,500 sqft 3 2 17 8 2 0
$270,000 1,843 0 - 4,500 sqft 3 3 1 2 9 56
$196,000 1,003 0 - 4,500 sqft 2 2 36 5 7 0