Mesa AZ Housing Market Trends June 2015
June 2015 Mesa AZ Real Estate Market Highlight:
- Active listing (Inventory) has Decreased 2.2% from May 2015
- Average Sold Price has Decreased 2.2% from May 2015
- Median Sold Price remain same at $215,000 as in May 2015
- 94% of Single Family Detached Homes sold are Traditional Sale
- Most expensive home sold in June 2015 in Mesa was sold for $1,387,000 Click here to view
Here are Mesa AZ Real Estate Single Family Detached Home statistics for June 2015. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Mesa AZ provided by the FlexMLS system.
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Closed Sales Report Analysis:
We saw a 5.8% increase in the number of closed sales in June 2015 compared to the prior month. The statistics show that we had 643 residential Single Family Detached Homes sold in June 2015 in Mesa compared to 608 in April 2015. This compares to 554 closed sales in June of last year.
Average Sold Price Analysis:
June 2015 Average Sold Price for Single Family Detached Homes in Mesa AZ is $238,486. This Average Sold Price has decreased 2.2% from May 2015. This is because there are 2 over $1,000,000 homes sold in June compare to 1 in May 2015. It is important for Seller and Buyer to refer to Median Sold Price instead of Average Sold Price. If there are multiples millions homes sold in particular months, the Average Sold Price will be high.
As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.
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