Mesa AZ Real Estate Housing Market Report - June 2022

By
Real Estate Agent with HomeSmart License # SA577557000
Here is the most recent Mesa AZ Real Estate Housing Market Report for June 2022:
 
The average sales price of homes in Mesa has decreased for the second time in the last four months, going from $572,243 in May to $571,498 in June. This is not a significant decrease, and the average sales price of Mesa homes has still increased in 15 out of the last 19 months.

The average sales price per square foot of Mesa homes has seen its first decrease after remaining the same or increasing for 29 consecutive months. The price per square foot of Mesa homes decreased for the first time in over two years going from $294/sf in May to $291/sf for June. Even with the decrease this month there has still been an increase of $56/sf since June of 2021.
 
After decreasing for four consecutive months, the days on market for Mesa has increased, going from 21 DOM in May to 25 DOM in June. The days on market is still very low for Mesa, and that means that homes in Mesa, AZ will still be in high demand as we go through the summer of 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 buying a home, selling your home, or investing in the Mesa, AZ 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

 

Reach out to me for all your Phoenix, Chandler, Ahwatukee, Tempe, Gilbert, and Scottsdale, Arizona Real Estate needs.

 

Check out our website for all Arizona Real Estate and Homes For Sale in subdivisions like Sun Lakes, Ocotillo, Lakewood, Mountain Park Ranch, Pepperwood, Circle G Ranches, and many others throughout the East Valley.

 

"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 (1)

Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Thanks for sharing your market report with us here in the Rain. It's always interesting to see how other areas of the country are doing.

Aug 17, 2022 01:33 PM