2018 Mesa AZ Real Estate Housing Market Trends Report, Statistics and House Value
Understanding the general direction of the current market conditions and home prices in Mesa AZ is of vital importance to both buyers and sellers to help you make a more informed decision when buying a home or selling a home in Mesa AZ.
Here are Mesa AZ housing market update 2018 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.
- Number of new listings had increased about 1.3% from a year ago
- 2018 average sold price for single family home in Mesa was $305,848 and had increased about 10.2% from 2017
- Median sold price in 2018 was $269,000, which had increased about 8.4% from a year ago
- About 99% single family home sold in Mesa in 2018 are regular sales
- Most expansive home sold in 2018 was sold for $3,250,000
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2018 Mesa AZ Housing Closed Sales Report Analysis
Based on closed sale statistic in 2018, we saw 7,142 single family homes sold in Mesa. Compare to last year at 7,230, the number of single family home sold had decreased about 1.2% from a year ago.
In 2018, we saw 51 days on market (DOM), compare to 60 days a year ago. It took average 51 days to get your Mesa single family home sold in 2018.
Single Family Homes Median Sold Price in Mesa
2018 median sold price for single family home in Mesa was $269,000. Compare to a year ago, 2017 median sold price was $248,110.The median sold price for single family home in Mesa had appreciates about 8.4% from a year ago.
Click here to view Homes for Sale in Mesa AZ Under $250,000
Mesa AZ 2018 Single Family Homes Average Sold Price
2018 average sold price for single family homes in Mesa AZ is $305,848. Compare to last year 2017 at $277,571, the average sold price has increased about 10.2% from a year ago. There are 49 million dollar homes sold in 2018 in Mesa AZ.
Click here to view Homes for Sale in Mesa AZ Under $300,000
Average Price Per Square Feet Mesa AZ
The sold price per square feet in 2018 in Mesa is $155.00 per square feet. Last year 2017, the average sold price per square feet was $143. The average sold price per square feet in Mesa had increased about 8.4% from a year ago.
Click here to view Homes for Sale in Mesa AZ Under $150 per square feet
Based on statistics on both of median sold price and average sold price statistics, buyers are paying more for a single family homes in Mesa AZ compare to a year ago.
2018 Mesa AZ Monthly Housing Market Report
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Mesa AZ Single Family Home Price 2000 – 2018
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?
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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 today’s market.
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Swee Ng, Realtor specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams. If you are looking to buy or sell your home in Mesa AZ area, I would like the opportunity to be interviewed for the job. Contact Us today for complimentary and no obligation consultation. I hope that you will put my experience, knowledge, service and professionalism to work for you.
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