2017 Mesa AZ Housing Market Trends Report

Swee Ng

7 years ago

2017 Mesa AZ Housing Market Trends Report, Statistics and House Value

Here are 2017 Mesa AZ housing market trends report for single family detached home and statistics. 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.

2017 Mesa AZ Real Estate Housing Market Update Highlight:

New listing had decreased about 0.5% from 2016
2017 Average Sold Price for Single Family Home in Mesa was $277,571 and had increased 8.3% from 2016
Median Sold Price in 2017 was $248,110, which had increased 8.3% from a year ago
98% of single family home sold in Mesa in 2017 are traditional sales.
Most expansive home sold in 2017 was sold for $1,600,000

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Number of Home Sold in 2017 Mesa AZ

We saw a 7.3% increased in the number of Single Family Homes sold in 2017 compared to a year ago. The statistics show that we had 7,230 residential Single Family Detached Homes sold in 2017 in Mesa AZ compared to 6,735 in 2016.

In 2017, we saw 60 days on Market (DOM), compare to 66 in a year ago. It took average 60 days to get your Mesa home sold in 2017.

2017 Mesa Median Sold Price for Single Family Detached Homes

2017 median sold price was $248,110. Compare to a year ago, 2016 median sold price was $229,000.The median sold price for single family home in Mesa had appreciates about 8.3% from a year ago.

2017 Mesa Median Sold Price was $248,110
Click here to view Homes for Sale in Mesa AZ Under $245,000

Mesa AZ 2017 Average Sold Price Analysis

2017 Average Sold Price for Single Family Detached Homes in Mesa AZ is $277,571. Compare to last year 2016 at $256,368, the average sold price has increased about 8.3% from a year ago.

2017 Mesa Average Sold Price was $277,571
Click here to view Homes for Sale in Mesa AZ Under $275,000
The price per square feet for 2017 in Mesa is $143 per square feet.

Based on statistics on both of Median Sold Price and Average Sold Price, Buyers are paying more for a Single Family Detached Homes in Mesa AZ compare to a year ago.

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.

Also Read: How rising interest rates will impact housing affordability?

Single Family Home Price Mesa AZ 2000 – 2017

Wondering how much house you can afford?

Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Selling Your Home in Mesa AZ

Contact or call Swee Ng at 480.721.6253 today to discuss your potential Mesa AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at todays market.

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Summary

Article Name

2017 Mesa AZ Housing Market Trends Report

Description

2017 Mesa AZ Housing Market Trends Report, Statistics and House Value. 2017 Average Sold Price for Single Family Home in Mesa was $277,571 and had increased 8.3% from 2016.

Author

Swee Ng

Publisher Name

Swee Ng Realtor® with HomeSmart

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