Friday, 29 May 2020

Mesa AZ February 2017 Housing Market Report and Stats

Written by Posted On Wednesday, 15 March 2017 20:43

February 2017 Mesa AZ Real Estate Market Update, House Value and Real Estate Listings

2017 February Mesa AZ Real Estate Market Highlight:

  • Active listing (Inventory) had Decreased 1.0% from January 2017
  • February 2017 Average Sold Price for Single Family Home in Mesa was $271,069 and had Increased 4.0% from January 2017
  • Median Sold Price in February 2017 was $239,000, which had Increased 3.5% from January
  • 97% of Single Family Detached Homes sold in February 2017 are Traditional Sale
February 2017 Mesa AZ Real Estate Market Update by Swee Ng, House Value and Real Estate Listings

Here are Mesa AZ Real Estate – Single Family Detached Home statistics for February 2017. 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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February 2017 Mesa AZ Housing Closed Sales Report Analysis
We saw a 6.1% increased in the number of Single Family Homes sold in February 2017 compared to the previous month. The statistics show that we had 488 residential Single Family Detached Homes sold in February 2017 in Mesa AZ compared to 460 in January. This compares to 459 homes sold in February of last year.

In February 2017, we saw 70 days on Market (DOM), which is same in previous month . It average took average 70 days to get your Mesa AZ home sold in February 2017.

Also Read: 2016 Mesa AZ Housing Market Trends Report

2017 February Single Family Detached Homes Median Sold Price in Mesa
February 2017 Median Sold Price was $239,000, which has increased about 3.5% from previous month at $231,000. This compare to $220,000 in February 2016. The Median Sold Price for Single Family Home in Mesa AZ had appreciated about 8.6% from a year ago.

February 2017 Mesa Median Sold Price was $239,000. Click here to view Homes for Sale in Mesa AZ Under $230,000

Mesa AZ February 2017 Average Sold Price Analysis
2017 February Average Sold Price for Single Family Detached Homes in Mesa AZ is $271,069 Compare to $260,734 in January, that's about 4.0% increased from a month ago. The Average Sold Price in February 2016 was $247,723 and that's about 9.4% appreciation from a year ago.

February 2017 Mesa Average Sold Price was $271,069. Click here to view Homes for Sale in Mesa AZ Under $270,000

The average sold price per square feet in February 2017 was $140 per square feet, compare to $137 previous month. Compare to a year ago, February 2016 average sold price per square feet was $128.

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 Us or call Swee Ng at 480.721.6253 today to discuss your potential Mesa AZ House Value 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.

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