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Beautiful Mesa Arizona Homes are found SE of Scottsdale and on the north side of Chandler and Gilbert, Arizona. Your Search Results will appear below showing the “Newest Listings” first. Fine-Tune those results by simply adding more of your own criteria in the form provided below, for better and Quick Results!! Simply “click” on the home photos to display all the details for your selected home.

We can currently see (1346) Properties available today in Mesa.

Mesa ~ Monthly Market Report
by: Coldwell Banker and Scottsdale Arizona Homes ~~ (See Video Report Here) ~~

Property Sales
January Property sales were 540, down 10.1% from 601 in January of 2018 and 14.1% lower than the 629 sales last month. January 2019 sales were at their lowest level compared to January of 2018 and 2017. January YTD sales of 540 are running 10.1% behind last year’s year-to-date sales of 601.

Prices
The Median Sales Price in January was $245,000, up 5.6% from $232,000 in January of 2018 and down 1.4% from $248,500 last month. The Average Sales Price in January was $263,501, up 3.2% from $255,318 in January of 2018 and down 8.5% from $288,033 last month. January 2019 ASP was at the highest level compared to January of 2018 and 2017.

Inventory
The Total Inventory of Properties available for sale as of January was 1,538, up 25.0% from 1,230 last month and up 40.1% from 1,098 in January of last year. January 2019 Inventory was at its highest level compared with January of 2018 and 2017.

Market Time
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for January was 42, up 13.5% from 37 days last month and up 10.5% from 38 days in January of last year. The January 2019 DOM was at a mid level compared with January of 2018 and 2017.

Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The January 2019 Selling Price per Square Foot of $154 was down 2.4% from $158 last month and up 6.2% from 145 in January of last year.

Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The January 2019 Selling Price vs Original List Price of 97.0% was down from 97.5% last month and down from 97.3% in January of last year.

Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955

Corey Frederic –
Coldwell Banker Residential Brokerage