Mesa AZ Housing Market Update October 2017

Swee Ng

7 years ago

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

Here are Mesa AZ housing market update October 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.

October 2017 Mesa AZ Real Estate Housing Market Update Highlight:

New listing had decreased about 15.2% from October 2016
October 2017 Average Sold Price for Single Family Home in Mesa was $273,298 and had increased 3.5% from a year ago
Median Sold Price in October 2017 was $248,000, which had increased 3.3% from a year ago
98% of single family home sold in Mesa in October 2017 are traditional sales.
Most expansive home sold in October 2017 was sold for $1,200,000. Click here to view

October 2017 Mesa AZ Housing Closed Sales Report Analysis

We saw a 0.9% decreased in the number of Single Family Homes sold in October 2017 compared to a year ago. The statistics show that we had 541 residential Single Family Detached Homes sold in October 2017 in Mesa AZ compared to 546 in October last year.

In October 2017, we saw 54 days on Market (DOM), compare to 59 in a year ago. It took average 54 days to get your Mesa home sold in October 2017.

2017 October Single Family Detached Homes Median Sold Price in Mesa

October 2017 median sold price was $248,000. Compare to a year ago, October 2016 median sold price was $240,000.The median sold price for single family home in Mesa had appreciates about 3.3% from a year ago.

October 2017 Mesa Median Sold Price was $248,000. Click here to view Homes for Sale in Mesa AZ Under $240,000

Mesa AZ October 2017 Average Sold Price Analysis

2017 October Average Sold Price for Single Family Detached Homes in Mesa AZ is $273,298. Compare to last year October at $264,167, the average sold price has increased about 3.5% from a year ago.

October 2017 Mesa Average Sold Price was $273,298. Click here to view Homes for Sale in Mesa AZ Under $270,000The price per square feet for October 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.

What’s My Mesa AZ Home Worth?
Enter your home address and find out your Mesa Home Price instantly

Real Estate New Listing and Homes for Sale Mesa AZ
Mesa AZ Homes for Sale by Price Range

Mesa AZ Homes for Sale by Mesa zipcode

Homes For Sale by features Mesa AZ

Mesa AZ Real Estate Deals

Open House in Mesa

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.

Search and view your dream home

Summary

Article Name

Mesa AZ Housing Market Update October 2017

Description

Mesa AZ Housing Market Update October 2017, Statistics and Home Price. October 2017 Average Sold Price for Single Family Home in Mesa was $273,298 and had increased 3.5% from a year ago.

Author

Swee Ng

Publisher Name

Swee Ng Realtor® with HomeSmart

Publisher Logo