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May 2017 Mesa AZ Housing Market Update

Swee Ng

May 2017 Mesa AZ Housing Market Update, Statistics and Home Price

May 2017 Mesa AZ Real Estate Housing Market Update Highlight:
  • New listing had Increased about 17.7% from May 2016
  • May 2017 Average Sold Price for Single Family Home in Mesa was $282,066 and had Increased 8.3% from a year ago
  • Median Sold Price in May 2017 was $250,000, which had Increased 7.8% from a year ago
  • Most expansive home sold in May 2017 was sold for $1,625,000

Here are Mesa AZ Real Estate – Single Family Detached Home statistics for May 2017. 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.

May 2017 Mesa AZ Housing Closed Sales Report Analysis
We saw a 9.8% Increased in the number of Single Family Homes sold in May 2017 compared to a year ago. The statistics show that we had 715 residential Single Family Detached Homes sold in May 2017 in Mesa AZ compared to 651 in May last year.

In May 2017, we saw 60 days on Market (DOM), compare to 75 in a year ago. It took average 60 days to get your home sold in May 2017.

2017 May Single Family Detached Homes Median Sold Price in Mesa
May 2017 median sold price was $250,000. Compare to a year ago, May 2016 median sold price was $232,000.The median sold price for single family home in Mesa had increased about 7.8% from a year ago.

May 2017 Mesa Median Sold Price was $250,000. Click here to view Homes for Sale in Mesa AZ Under $250,000
Mesa AZ May 2017 Average Sold Price Analysis
2017 May Average Sold Price for Single Family Detached Homes in Mesa AZ is $282,066. Compare to last year May at $260,445, the average sold price has increased about 8.3%.

May 2017 Mesa Average Sold Price was $282,066. Click here to view Homes for Sale in Mesa AZ Under $280,000
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.

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 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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Summary
Article Name
May 2017 Mesa AZ Housing Market Update
Description
May 2017 Average Sold Price for Single Family Home in Mesa was $282,066 and had Increased 8.3% from a year ago. Median Sold Price in May 2017 was $250,000, which had Increased 7.8% from a year ago
Author
Publisher Name
Swee Ng Realtor® with HomeSmart
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