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Mesa Market Report

$385,841

AVERAGE PRICE OF 1,900 HOMES

$375,700

AVERAGE PRICE OF 14 DISTRESSED HOMES

$1,654,193

AVERAGE PRICE OF 58 MULTI-MILLION DOLLAR HOMES

$571,759

AVERAGE PRICE OF 182 NEWLY BUILT HOMES

$590,117

AVERAGE PRICE OF 530 HOMES WITH A POOL

$378,692

AVERAGE PRICE OF 86 REDUCED PRICE HOMES

Average Home

Average Price $385,841
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.44 baths

Average Price by Bedrooms

1 bedroom $139,290
2 bedrooms $218,920
3 bedrooms $321,816
4 bedrooms $463,391
5 bedrooms $731,868
Mesa Home Price Trends
  2/2020 1/2020 12/2019 11/2019 10/2019
Total Listings 1,731 1,049 1,035 1,156 1,191
Average Price $384,566 $403,148 $398,339 $392,178 $384,210
Avg Price Change -4.83% +1.21% +1.57% +2.07% -2.88%
Median Price $307,601 $312,986 $316,234 $318,574 $318,458
Med Price Change -1.75% -1.04% -0.74% +0.04% -1.64%
Avg Bedrooms 3.23 beds 3.26 beds 3.29 beds 3.31 beds 3.35 beds
Avg Bathrooms 2.47 baths 2.5 baths 2.51 baths 2.5 baths 2.49 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Adult 315 $241,460 41 days
Desert Ridge High 183 $397,843 41 days
Mesa High School 171 $282,206 41 days
Red Mountain High School 359 $546,345 48 days
Skyline High School 248 $338,647 44 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,900 $385,841 44 days
Distressed Homes 14 $375,700 54 days
Multi-Million Dollar Homes 58 $1,654,193 144 days
Newly Built Homes 182 $571,759 81 days
Homes with a Pool 530 $590,117 53 days
Reduced Price Homes 86 $378,692 51 days
The Envision Team @ My Home Group
1222 East Baseline #102
Tempe, AZ 85283
480-485-3555

Justin Oliver, Senior VP/Branch Manager, NMLS #164869 | Ryan Whalen, Senior VP/Branch Manager, NMLS #217739 |NOVA® Home Loans NMLS #3087 | BK 0902429 | Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act #4131230. Also licensed by the CA-DBO under the CFL #6036566. Loans made or arranged pursuant to a California Financing Law License. | Equal Housing Opportunity

© 2020 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than My Home Group are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. March 30, 2020