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Mesa AZ Housing Market Update March 2019

Written by Posted On Tuesday, 09 April 2019 11:01

March 2019 Mesa AZ Real Estate Housing Market Update, Statistics and House Value

Here are Mesa AZ housing market update March 2019 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 provided by the FlexMLS system.

  • Number of new listings had increased about 4.4% March 2018
  • March 2019 average sold price for single family home in Mesa was $309,093 and had increased about 3.3% from a year ago
  • Median sold price in March 2019 was $277,500, which had appreciated about 6.7% from a year ago
  • About 99% single family home sold in Mesa in March 2019 are regular sales
  • Most expansive home sold in March 2019 was sold for $1,725,000

March 2019 Mesa AZ Housing Market Update by Swee Ng, Real Estate and House Value

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March 2019 Mesa AZ Housing Closed Sales Report Analysis

Based on closed sale statistic in March 2019, we saw 641 single family homes sold in Mesa. Compare to last year at 653. The number of single family home sold had decreased about 1.8% from a year ago.

In March 2019, we saw 64 days on market (DOM), compare to 57 days a year ago. It took average 64 days to get your Mesa single family home sold in March 2019.

2019 March Single Family Homes Median Sold Price in Mesa

March 2019 median sold price for single family home in Mesa was $277,500. Compare to a year ago, March 2018 median sold price was $260,000. The median sold price for single family home in Mesa had appreciated about 6.7% from a year ago.

March 2019 Mesa Median Sold Price was $277,500
Click here to view Homes for Sale in Mesa AZ Under $250,000

Mesa AZ March 2019 Single Family Homes Average Sold Price

2019 March average sold price for single family homes in Mesa AZ is $309,093. Compare to last year March at $299,267, the average sold price has increased about 3.3% from a year ago.

There are two million dollar listings homes sold in March 2019 in Mesa AZ.

March 2019 Mesa Average Sold Price was $309,093
Click here to view Homes for Sale in Mesa AZ Under $300,000

March 2019 Average Sold Price Per SQFT

The price per square feet for March 2019 in Mesa is $161.00 per square feet.

March 2019 Mesa Average Sold Price per square feet was $161
Click here to view Homes for Sale in Mesa AZ Under $135 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.

Also 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?

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.

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