Single-Family Homes
Fri Sep 04 2026
This week the median list price for Mesa, AZ 85215 is $575,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has decreased to 75.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
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.
| Median List Price | $575,000 | |
| Median Price of New Listings | $385,000 | |
| Per Square Foot | $304 | |
| Average Days on Market | 91 | |
| Median Days on Market | 56 | |
| Price Decreased | 57% | |
| Price Increased | 7% | |
| Relisted | 4% | |
| Inventory | 75 | |
| Median Rent | ||
| Market Action | 36 | |
| Slight Seller's Advantage | ||
This week’s up tick in prices in this zip code has moved us a bit closer to the high-point of the market, although the trend over the last few weeks is still below the 90-day moving average. Unless we see a significant down shift in the Market Action Index, we can assume prices will remain stable around this point.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,030,000 | 3,218 | 0.25 - 0.5 acre | 4 | 3.5 | 21 | 1 | 0 | 119 |
| $675,000 | 2,269 | 8,000 - 10,000 sqft | 3 | 2.5 | 34 | 0 | 1 | 91 |
| $490,000 | 1,695 | 6,500 - 8,000 sqft | 3 | 2 | 32 | 0 | 4 | 56 |
| $390,000 | 1,293 | 4,500 - 6,500 sqft | 2 | 2 | 29 | 2 | 1 | 49 |