Mesa AZ Real Estate Housing Market Report - January 2022

By
Real Estate Agent with HomeSmart License # SA577557000
Here is the most recent Mesa AZ Real Estate Housing Market Report for January 2022:
 
The average sales price of homes in Mesa has increased for the second straight month, going from $504,269 in December to a new all-time high of $527,741 for January of 2022. This is the largest January increase since I have been tracking average sales prices starting in 2018, and I am pretty sure this is the largest increase since at least 2008.

The sales price per square foot of Mesa homes has either remained the same or has continued to climb for at least 25 consecutive months now. The price per square foot of Mesa homes continues that trend into 2022, increasing from $253/sf in December to $259/sf for January. This is a significant increase of $57/sf in just one year. On a 2,000/sf home, this means the value has gone up from $404,000 in January of 2021 to $518,000 in January of 2022.
 
The days on market for Mesa has increased for the second straight month, up from 31 DOM in December to 32 DOM in January. This is the sixth month out of the last seven that the Mesa DOM has either remained the same, or increased, and the highest it has been since it was 33 DOM back in February of 2021. The days on market is still extremely low for Mesa, and that means that homes in Mesa, AZ will still be in high demand through 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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         Contact Troy Erickson, Realtor®, Good Company Real Estate

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

 

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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)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Troy and thanks for sharing this blog with us here in the Rain.  Make it a great day!

Feb 10, 2022 08:57 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Thanks Will Hamm, appreciate you stopping by to comment.

Feb 10, 2022 09:56 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Feb 11, 2022 08:43 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Hi Myrl Jeffcoat, always appreciate your thoughtful recommendation.

Feb 14, 2022 01:33 PM