Mesa AZ July 2016 Housing Market Trends Report

Swee Ng

8 years ago

Mesa AZ July 2016 Housing Market Trends Report, House Value and Real Estate Listings

July 2016 Mesa AZ Real Estate Market Highlight:

Active listing (Inventory) had Increased 24.8% from June 2016
July 2016 Average Sold Price for Single Family Home in Mesa was $255,311 and had Decreased 4.2% from June
Median Sold Price in July 2016 was $230,000 and had Increased 0.9% from June
96% of Single Family Detached Homes sold in July 2016 are Traditional Sale
Most expensive home sold in July 2016 in Mesa was sold for $835,000 Click here to view

You might be interested:
Ahwatukee AZ Housing Market Report July 2016
Chandler AZ Housing Market Report July 2016
Gilbert AZ Housing Market Report July 2016
Tempe AZ Housing Market Report July 2016

Here are Mesa AZ Real Estate Single Family Detached Home statistics for July 2016. 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.

July 2016 Mesa AZ Housing Closed Sales Report Analysis
We saw a 13.5% decreased in the number of Single Family Homes sold in July 2016 compared to the prior month. The statistics show that we had 585 residential Single Family Detached Homes sold in July 2016 in Mesa AZ compared to 676 in June 2016. This compares to 646 homes sold in July of last year.

In July 2016, we see Days on Market (DOM) has increased 1.5% from previous month. It average took 67 days to get your Mesa AZ home sold in July 2016.

Mesa AZ July 2016 Average Sold Price Analysis
July 2016 Average Sold Price for Single Family Detached Homes in Mesa AZ is $255,311 Compare to $266,576 in June, that’s about 4.2% decreased from a month ago. The Average Sold Price in July 2015 was $243,960 and had increased about 4.6% from a year ago.

The average sold price per square feet in July 2016 was $134, compare to $131 a month ago. Compare to a year ago, July 2015 average sold price per square feet was $123.

July 2016 Mesa Single Family Home Average Sold Price was $255,311. Click here to view Real Estate Listing and Homes for Sale in Mesa AZ under $250,000 2016 July Single Family Detached Homes Median Sold Price in Mesa
July 2016 Median Sold Price was $230,000 compare to $227,900 in June. This compare to $215,000 in July 2015. The Median Sold Price for Single Family Home in Mesa AZ had increased about 7.0% from a year ago.

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.

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

Mesa AZ Real Estate New Listing & Homes for Sale
Mesa AZ Homes for Sale by Mesa zipcode

Mesa AZ Homes for Sale by Price Range

Homes For Sale by features Mesa AZ

Mesa AZ Real Estate Deals

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.

Search and view your dream home