Mesa AZ Real Estate Housing Market Report - December 2021

Real Estate Agent with HomeSmart License # SA577557000
Here is the most recent Mesa AZ Real Estate Housing Market Report for December 2021:
After decreasing to $485,190 in November, the average sales price of homes in Mesa reached a new all-time high of $504,910 for December. The average sales price had been increasing the entire year through August, and then it started fluctuating up and down, so ending 2021 with an all-time high is a good sign for home values heading into 2022.

The sales price per square foot of Mesa homes has either remained the same or has continued to climb for at least 24 consecutive months now. After November home prices per square foot remained the same as October ($251/sf), December saw an increase in the average sold price up to $253/sf. This is a significant increase of $57/sf in just one year.
The DOM for Mesa in December increased to 31 after November remained the same as October, at 28 DOM. This is the third month in a row that Mesa DOM has either remained the same, or increased, and the highest it has been since it was 33 DOM back in February of this year. The days on market is still extremely low for Mesa, and that means that homes in Mesa, AZ will still be in high demand as we head into 2022.
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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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 (2)

Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Mesa home buyers and sellers are sure to value your real estate market report, Troy.

Jan 16, 2022 04:16 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Thanks so much for your support Myrl Jeffcoat.

Jan 18, 2022 08:51 AM