Mesa AZ Housing Market Update September 2015
September 2015 Mesa AZ Real Estate Market Highlight:
- Active listing (Inventory) has Increased 3.4% from August 2015
- September 2015 Average Sold Price was $242,067 and had Decreased 2.8% from August 2015
- September 2015 Median Sold Price was $215,000 and had Increased 0.5% from August 2015
- 95% of Single Family Detached Homes sold are Traditional Sale
- Most expensive home sold in September 2015 in Mesa was sold for $875,000 Click here to view
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.
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September 2015 Mesa AZ Housing Closed Sales Report Analysis
We saw a 0.6% decrease in the number of closed sales in September 2015 compared to the prior month. The statistics show that we had 514 residential Single Family Detached Homes sold in September 2015 in Mesa AZ compared to 517 in August 2015. This compares to 485 closed sales in September of last year. In September 2015, we also see Days on Market (DOM) has decreased 14.9% from a year ago. It average took 63 days to get your Mesa AZ home sold in September 2015.
September 2015 Mesa AZ Average Sold Price Analysis
September 2015 Average Sold Price for Single Family Detached Homes in Mesa AZ is $242,067. This Average Sold Price has decreased 2.8% from August 2015. This is because most expensive home sold in September was $875,000 compare to 1,200,000 in August 2015. It is important for Seller and Buyer to refer to Median Sold Price instead of Average Sold Price. If there are multiples millions homes sold in particular months, the Average Sold Price will be high.
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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