October 2015 Mesa AZ Real Estate Market Highlight:
- Active listing (Inventory) has Increased 7.4% from September 2015
- October 2015 Mesa AZ Single Family Detached Homes Average Sold Price was $242,499 and had Increased 0.2% from September 2015
- October 2015 Median Sold Price was $216,900 and had Increased 0.9% from September 2015
- 94% of Single Family Detached Homes sold are Traditional Sale
- Most expensive home sold in October 2015 in Mesa was sold for $825,000 Click here to view
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Here are Mesa AZ Real Estate Single Family Detached Home statistics for September 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.
October 2015 Mesa AZ Housing Closed Sales Report Analysis
We saw a 11.5% decrease in the number of closed sales in October 2015 compared to the prior month. The statistics show that we had 455 residential Single Family Detached Homes sold in October 2015 in Mesa AZ compared to 514 in September 2015. This compares to 495 closed sales in October of last year. In October 2015, we also see Days on Market (DOM) has decreased 11.1% from last month. It average took 56 days to get your Mesa AZ home sold in October 2015.
October 2015 Mesa AZ Average Sold Price Analysis
October 2015 Average Sold Price for Single Family Detached Homes in Mesa AZ is $242,499. This Average Sold Price has increased almost 7.2% from a year ago.
Single Family Detached Homes Median Sold Price in October 2015
October 2015 Median Sold Price was $216,900 compare to $215,000 in September. This compare to $193,000 in October 2014. Both of Median Sold Price and Average Sold Price statistic indicate Buyer 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.
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Selling Your Home in Mesa AZ?
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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, we hope you will consider us. Contact Us today for complimentary and no obligation consultation.