Mesa AZ Real Estate Housing Market Report - October 2021

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Real Estate Agent with Good Company Real Estate License # SA577557000
Here is the most recent Mesa AZ Real Estate Housing Market Report for October 2021:
 
After reaching a new all-time high of $501,105 for August, the average sales price of Mesa homes decreased to $491,353 in September and decreased again to $491,167 in October. Although it was a small decrease month-over-month, this is the second month in a row that average home prices in Mesa have decreased, after nine straight months of seeing the average sales price of Mesa homes increase. Even though the average sales price decreased, the price per square foot has continued to climb for at least six straight months, increasing from $250/sf in September to $251/sf in October.
 
After decreasing to 24 DOM in September, the DOM for Mesa in October increased back up to 28. This is the first month Mesa DOM has been over 25 since February, after being at or under 25 DOM for seven straight months. This is still extremely low, and means that homes in Mesa, AZ are still selling very fast!
 
Click on the image below to read the full article, and see what is going on in the Mesa Arizona real estate market.
 
 
Feel free to reach out to me if you have any questions about home buying, selling, or investing in the Phoenix Metro or East Valley areas. Just give me a call or text at 602-295-6807 and I will be glad to help.
"Real Estate is not just a job for me,
it's about making a difference in the lives of others"
       
Troy Erickson has been blogging about Arizona real estate since 2006. He is a residential real estate agent who specializes in helping home buyers, sellers, and investors in Chandler and the East Valley. He has been recognized for his local market expertise, and frequently volunteers within his community.
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         Contact Troy Erickson, Realtor®, Good Company Real Estate

Licensed Residential Realtor® in Arizona at 602-295-6807

 

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"Real Estate is more than just about a job for me. It is about making a difference in the lives of others. I help people just like you Buy, Sell, and Invest in East Valley Arizona Real Estate!"

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This post is for informational purposes only and should not be construed as legal advice. If you desire specific legal or tax advice, please consult the appropriate professional. The opinions expressed here represent my own and not those of my employer. Troy Erickson will not be held liable for any errors, ommissions, accuracy, validity, currentness, suitability, completeness; or any losses, injuries or damages arising from its display or use.

Comments (4)

John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

It looks like you have a great read on the pulse of your market in Mesa, Arizona, Troy.

Nov 22, 2021 11:53 AM
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Thanks John Juarez, I appreciate you taking the time to comment.

Nov 23, 2021 10:13 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Troy just wanted to stop in and wish you a belated Merry Christmas and if we do not connect a fantastic 2022 on a side note love the picture of your illustration, Endre

Dec 27, 2021 11:42 PM
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

I always appreciate you Endre Barath, Jr., and the fact that you take the time to express your interest in my posts. A belated Merry Christmas to you and yours as well, and hoping you have an amazing 2022 filled with joy and success!

Dec 29, 2021 11:11 AM