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October 2020 Mesa AZ Housing Market Update

Mesa AZ Real Estate Housing Market Update

Mesa AZ Real Estate Housing Market Update

📈 2020 October Mesa AZ Housing Market Trends Report, Statistics and House Value

Here are October 2020 Mesa AZ Housing Market Update 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 as 11/3/2020, provided by the FlexMLS system.

October 2020 Mesa AZ Housing Market Highlight:
  • Number of new listings homes for sale had increased about 18.3% from October 2019
  • October 2020 average sold price for single family home in Mesa was $396,224 and had increased about 16.7% from a year ago
  • Mesa AZ single family homes median sold price in October 2020 was $350,000, which had appreciated about 14.8% from a year ago
  • Almost all of single family home sold in Mesa in October 2020 are regular sales
  • Most expansive single family home sold in October 2020 was sold for $1,727,000

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October 2020 Mesa AZ Housing Closed Sales Report

Based on closed sale statistic in October 2020, we saw 703 single family homes sold in Mesa. Compare to last year at 588, the number of single family home sold had increased about 19.6% from a year ago.

In October 2020, we saw 32 days on market (DOM), compare to 44 last October. It took average 32 days to get your Mesa single family home sold in October 2020.

2020 October Mesa AZ Median Sold

October 2020 median sold price for single family home in Mesa was $350,000. Compare to a year ago, October 2019 median sold price was $305,000. The median sold price for single family home in Mesa had appreciated about 14.8% from a year ago.

October 2020 Mesa Median Sold Price was $350,000
Click here to view Homes for Sale in Mesa AZ Under $325,000

Mesa AZ October 2020 Average Sold Price

2020 October average sold price for single family homes in Mesa AZ is $396,224. Compare to last year October at $339,454, the average sold price has increased about 16.7% from a year ago.

There are 10 million dollar listings homes sold in October 2020 in Mesa AZ.

October 2020 Mesa Average Sold Price was $396,224
Click here to view Homes for Sale in Mesa AZ Under $385,000

October 2020 Average Sold Price Per Square Feet

The price per square feet for October 2020 in Mesa is $199.00 per square feet, compare to $168 a year ago.

October 2020 Mesa Average Sold Price per square feet was $196
Click here to view Homes for Sale in Mesa AZ Under $150 per square feet

Based on statistics on both of median sold price and average sold price statistics, buyers are paying more for a single family 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.

💡 Did You Know?
A 1% increase in interest rates, can reduce buying power almost to 10%!! 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 today’s market.

What My Mesa AZ Home is Worth Today?

New Listings Homes for Sale Mesa AZ

Homes for Sale Mesa AZ
Homes Just Listed in Last 2 daysHomes for Sale $500,000 - $600,000
Homes for Sale Under $100,000Homes for Sale $600,000 - $700,000
Homes for Sale $100,000 - $200,000Homes for Sale $700,000 - $800,000
Homes for Sale $200,000 - $300,000Homes for Sale $800,000 - $900,000
Homes for Sale $300,000 - $400,000Homes for Sale $900,000 - $1,000,000
Homes for Sale $400,000 - $500,000Homes for Sale Over $1,000,000
New Construction HomesHomes with Pool
Single Story HomesWaterfront Homes
Homes Golf Course LotHomes Gated Community
Homes with Guest HouseHomes with NO HOA
Just Reduced Price HomesRecently Sold Homes

Just Reduced Price Homes for Sale Mesa AZ

Swee Ng, Realtor and Phoenix East Valley resident 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 Phoenix AZ area, we hope you will consider us. Contact us today for complimentary consultation.

We can help!
We would love the opportunity to help you for your real estate needs in Phoenix area! ☎️ Call or 📱 text us at 480-721-6253 today.

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Summary
Article Name
2020 October Mesa AZ Housing Market Trends Report
Description
2020 October Mesa AZ Housing Market Trends Report, Statistics and House Value. Average sold price for single family home in Mesa was $396,224 and had increased about 16.7% from a year ago.
Author
Publisher Name
Swee Ng Realtor® with HomeSmart
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