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Mesa, Arizona Real Estate Market Report for May 2014

Real Estate Agent with Keller Williams Realty Phoenix

Home Prices in Mesa for May 2014

Real estate market data for Mesa, AZ provided by Jennifer Green of Keller Williams Realty Phoenix.

See homes for sale in Mesa now.


Mesa Home Prices


Home prices in Mesa have been on the rise and are up 11.2% from May of 2013.  

If you are interested in how much current inventory is on the market in Mesa you can find that information by clicking on the link.  Mesa remains very affordable option in the east valley.   Right now we are seeing a sellers market in homes under  300K due to low inventory in this price point.   As the price point increases to 300K to 450K the market is normal and above the 450K mark, we are seeing more of a buyers market.  It is important that you find the right agent to represent you and knows the market well.  Currently Mesa homes have a median time of 71 days on the market before they sell. This would suggest that buyers are in a great position to make an aggresive offer on a home the longer it sits on the market. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. 


Mesa Real Estate Report Summary

The median list price in November for single family homes in Mesa, AZ is $220,982. The list prices increased by 11.2% from the previous year (2013).

The price per square foot for sold listings in this area is $114.78

 Average days on the market is 71 days.

Find Homes for Sale in Mesa, AZ

Visit my website to search for homes in Mesa or to be notified when Mesa homes come on the market.

To find out what you home is worth in the current market click here or call 480-442-9286.