Mesa AZ April 2017 Real Estate Market Trends Report

Swee Ng

8 years ago

Mesa AZ April 2017 Real Estate Market Trends Report, Statistics and House Value

April 2017 Mesa AZ Real Estate Housing Market Update Highlight:

Active listing (Inventory) had Decreased about 5.1% from previous month
April 2017 Average Sold Price for Single Family Home in Mesa was $273,435 and had Increased 2.4% from March 2017
Median Sold Price in April 2017 was $245,000, which had Increased 4.3% from March
98% of Single Family Detached Homes sold in April 2017 are Traditional Sale
Most Expensive House Sold in Mesa AZ in April 2017 was sold at $1,632,000. click here to view

Here are Mesa AZ Real Estate Single Family Detached Home statistics for April 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.

Also read:
Phoenix AZ April 2017 Housing Market Trends Report
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Chandler AZ April 2017 Housing Market Trends Report
Gilbert AZ April 2017 Housing Market Trends Report
Tempe AZ April 2017 Housing Market Trends Report

April 2017 Mesa AZ Housing Closed Sales Report Analysis
We saw a 7.7% decreased in the number of Single Family Homes sold in April 2017 compared to a month ago. The statistics show that we had 668 residential Single Family Detached Homes sold in April 2017 in Mesa AZ compared to 724 in March. This compares to 607 homes sold in April of last year.

In April 2017, we saw 66 days on Market (DOM), compare to 67 in previous month . It average took average 66 days to get your Mesa AZ home sold in April 2017.

2017 April Single Family Detached Homes Median Sold Price in Mesa
April 2017 Median Sold Price was $245,000, which has increased about 4.3% from previous month at $235,000. This compare to $221,000 in April 2016. The Median Sold Price for Single Family Home in Mesa AZ had increased $24,000 and appreciated about 10.9% from a year ago.

April 2017 Mesa Median Sold Price was $245,000. Click here to view Homes for Sale in Mesa AZ Under $230,000Mesa AZ April 2017 Average Sold Price Analysis
2017 April Average Sold Price for Single Family Detached Homes in Mesa AZ is $273,435 Compare to $267,155 in March. That’s about 2.4% increased from a month ago. The Average Sold Price in April 2016 was $247,031 and that’s about 10.7% appreciation from a year ago.

April 2017 Mesa Average Sold Price was $273,435. Click here to view Homes for Sale in Mesa AZ Under $265,000The average sold price per square feet in April 2017 was $143 per square feet, compare to $139 previous month. Compare to a year ago, April 2016 average sold price per square feet was $133.

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 todays 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

Mesa AZ April 2017 Real Estate Market Trends Report

Description

2017 April Average Sold Price for Single Family Detached Homes in Mesa AZ is $273,435 compare to last year at $247,031 and that’s about 10.7% appreciation from a year ago.

Author

Swee Ng

Publisher Name

Swee Ng Realtor® with HomeSmart

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