Mesa AZ Housing Market Update November 2017

Swee Ng

7 years ago

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

Here are Mesa AZ housing market update November 2017 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.

November 2017 Mesa AZ Real Estate Housing Market Update Highlight:

New listing had decreased about 7.1% from November 2016
November 2017 Average Sold Price for Single Family Home in Mesa was $282,366 and had increased 11.6% from a year ago
Median Sold Price in November 2017 was $252,000, which had increased 9.6% from a year ago
99% of single family home sold in Mesa in November 2017 are traditional sales.
Most expansive home sold in November 2017 was sold for $1,420,000. Click here to view

November 2017 Mesa AZ Housing Closed Sales Report Analysis

We saw a 2.9% increased in the number of Single Family Homes sold in November 2017 compared to a year ago. The statistics show that we had 566 residential Single Family Detached Homes sold in November 2017 in Mesa AZ compared to 550 in November last year.

In November 2017, we saw 53 days on Market (DOM), compare to 62 in a year ago. It took average 53 days to get your Mesa home sold in November 2017.

2017 November Single Family Detached Homes Median Sold Price in Mesa

November 2017 median sold price was $252,000. Compare to a year ago, November 2016 median sold price was $230,000.The median sold price for single family home in Mesa had appreciates about 9.6% from a year ago.

November 2017 Mesa Median Sold Price was $252,000. Click here to view Homes for Sale in Mesa AZ Under $250,000

Mesa AZ November 2017 Average Sold Price Analysis

2017 November Average Sold Price for Single Family Detached Homes in Mesa AZ is $282,366. Compare to last year November at $253,024, the average sold price has increased about 11.6% from a year ago.

November 2017 Mesa Average Sold Price was $282,366. Click here to view Homes for Sale in Mesa AZ Under $280,000The price per square feet for November 2017 in Mesa is $145 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?

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 Housing Market Update November 2017

Description

November 2017 Average Sold Price for Single Family Home in Mesa was $282,366 and had increased 11.6% from a year ago. 99% of single family home sold in Mesa in November 2017 are traditional sales.

Author

Swee Ng

Publisher Name

Swee Ng Realtor® with HomeSmart

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