Mesa AZ Real Estate Housing Market Report - August 2022

By
Real Estate Agent with HomeSmart License # SA577557000
Here is the most recent Mesa AZ Real Estate Housing Market Report for August 2022:
 
The average sales price of homes in Mesa increased in August, going from $539,293 in July to $543,780 this month. The average sales price of Mesa homes has now increased in 16 out of the last 21 months.

The average sales price per square foot of Mesa homes has decreased three straight months after remaining the same or increasing for 29 consecutive months. The price per square foot of Mesa homes has decreased from $294/sf in May to $273/sf in August. Even with the decreases in the last three months there has still been an increase of $29/sf since August of 2021.
 
After decreasing for four consecutive months, the days on market for Mesa has increased three months in a row, going from 21 DOM in May to 34 DOM in August. The days on market is still very low for Mesa, and that means that homes in Mesa, AZ are still in high demand as we head into the fall.
 
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 (4)

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

Hello Troy and thanks for sharing your market report with us here in the Rain.  Make it a great day!

Sep 16, 2022 11:37 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Sep 18, 2022 07:06 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Thanks so much Will Hamm. Always appreciate your support.

Sep 18, 2022 11:26 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Thanks again for supporting my blog posts Myrl Jeffcoat.

Sep 18, 2022 11:26 PM