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Beautiful Mesa Arizona Homes are found SE of Scottsdale, and north of Chandler and Gilbert. 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 (757) Properties available today in Mesa.
Prices
The median sales price in December was $273,650, up 9.9% from $249,000 in December of 2018 and down -1.3% from $277,250 last month. The average sales price in December was $300,229, up 4.1% from $288,373 in December of 2018 and down -1.7% from $305,555 last month. December 2019 ASP was at highest level compared to December of 2018 and 2017.
Inventory
The total inventory of Mesa Arizona Homes available for sale as of December was 864, up 5.1% from 822 last month and down -30.2% from 1,237 in December of last year. December 2019 Inventory was at the lowest level compared to December of 2018 and 2017.
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
Some Real Estate listings in Mesa, AZ
Monthly Market Report
Property Sales
December property sales were 690, up from 627 in December of 2018 and 8.2% higher than the 638 sales last month. December 2019 sales were at their highest level compared to December of 2018 and 2017. December YTD sales of 9,182 are running 2.4% ahead of last year's year-to-date sales of 8,968.
Prices
The median sales price in December was $273,650, up 9.9% from $249,000 in December of 2018 and down -1.3% from $277,250 last month. The average sales price in December was $300,229, up 4.1% from $288,373 in December of 2018 and down -1.7% from $305,555 last month. December 2019 ASP was at highest level compared to December of 2018 and 2017.
Inventory
The total inventory of properties available for sale as of December was 864, up 5.1% from 822 last month and down -30.2% from 1,237 in December of last year. December 2019 Inventory was at the lowest level compared to December 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 December was 28, down from 30 days last month and down from 37 days in December of last year. The December 2019 DOM was at its lowest level compared with December 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 December 2019 selling price per square foot of $170 was equal to $170 last month and up 7.6% from $158 in December of last year.
Selling Price vs Original Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their 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 December 2019 selling price vs list price of 98.3% was equal to 98.3% last month and up from 97.5% in December of last year.
Area Info
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.