August 2018 Mesa Real Estate Housing Market Trends Report

Written by Posted On Thursday, 06 September 2018 15:55

Mesa AZ Housing Market Trends Report and House Value July 2018

July 2018 Mesa AZ Real Estate Market Highlight:

  • New listing had decreased about 1.6% from August 2017
  • August 2018 average sold price for single family home in Mesa was $307,710 and had increased about 8.3% from a year ago
  • Median sold price in August 2018 was $275,000, which had increased about 10.0% from a year ago
  • about 99% of single family home sold in Mesa in August 2018 are regular sales
  • Most expansive home sold in August 2018 was sold for $1,275,000
July 2018 Mesa AZ Housing Market Update by Swee Ng, Real Estate and House Value

 

Here are Mesa AZ Real Estate Single Family Detached Home statistics for July 2018. 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 2018 Mesa AZ Housing Closed Sales Report Analysis
Based on closed sale statistic in August 2018, we saw 610 single family homes sold in Mesa, compare to last year 639. In August 2018, we saw 46 days on market (DOM), compare to 58 in a year ago. It took average 46 days to get your Mesa single family home sold in August 2018.

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Mesa AZ July 2018 Average Sold Price Analysis
2018 August average sold price for single family homes in Mesa AZ is $307,710. Compare to last year August at $284,045, the average sold price has increased about 8.3% from a year ago. There are 3 million dollar listings homes sold in August 2018 in Mesa AZ.

August 2018 Mesa Average Sold Price was $307,710
Click here to view Homes for Sale in Mesa AZ Under $300,000

2018 July Single Family Detached Homes Median Sold Price in Mesa
August 2018 median sold price for single family home in Mesa was $275,000. Compare to a year ago, August 2017 median sold price was $249,950.The median sold price for single family home in Mesa had appreciates about 10.0% from a year ago.

August 2018 Mesa Median Sold Price was $275,000
Click here to view Homes for Sale in Mesa AZ Under $275,000

The price per square feet for July 2018 in Mesa is $156 per square feet.

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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