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Mesa Market Report

$502,114

AVERAGE PRICE OF 1,450 HOMES

$512,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,792,123

AVERAGE PRICE OF 81 MULTI-MILLION DOLLAR HOMES

$736,626

AVERAGE PRICE OF 243 NEWLY BUILT HOMES

$842,503

AVERAGE PRICE OF 284 HOMES WITH A POOL

$497,523

AVERAGE PRICE OF 93 REDUCED PRICE HOMES

Average Home

Average Price $502,114
Avg Bedrooms 3.07 beds
Avg Bathrooms 2.34 baths

Average Price by Bedrooms

1 bedroom $131,308
2 bedrooms $267,525
3 bedrooms $460,215
4 bedrooms $676,318
5 bedrooms $1,022,479
Mesa Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 1,375 1,411 1,475 1,635 1,841
Average Price $492,570 $497,500 $489,708 $479,045 $464,606
Avg Price Change -1.00% +1.59% +2.23% +3.11% +0.88%
Median Price $444,424 $442,116 $445,675 $430,282 $413,976
Med Price Change +0.52% -0.80% +3.58% +3.94% -0.89%
Avg Bedrooms 3.1 beds 3.08 beds 3.07 beds 3.05 beds 2.99 beds
Avg Bathrooms 2.35 baths 2.35 baths 2.34 baths 2.34 baths 2.3 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Adult 391 $250,888 73 days
Eastmark High School 203 $641,718 76 days
Red Mountain High School 219 $791,304 56 days
Skyline High School 126 $402,149 64 days
Westwood High School 109 $348,772 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,450 $502,114 63 days
Distressed Homes 2 $512,000 96 days
Multi-Million Dollar Homes 81 $1,792,123 89 days
Newly Built Homes 243 $736,626 96 days
Homes with a Pool 284 $842,503 52 days
Reduced Price Homes 93 $497,523 54 days
r3homegroup - Brokered by Delex Realty
6170 W Chandler Blvd Suite 14
Chandler, AZ 85226
602-320-7547


Chris Lawler, Originating Branch Manager, CrossCountry Mortgage, LLC; NMLS 869968 | Branch NMLS2213428 | Company NMLS3029

© 2023 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Jeff Cayton - R3 Home Group are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. September 28, 2023
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