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Tuesday, 18 June 2019
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This Old House - Do-it-Yourself

May 2019 Mesa AZ Housing Market Update

Written by Posted On Tuesday, 11 June 2019 13:17

May 2019 Mesa AZ Housing Market Trends Report, Statistics and House Value

Here are May 2019 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 provided by the FlexMLS system.

May 2019 Mesa AZ Housing Market Highlight:

  • Number of new listings had decreased about 4.4% May 2018
  • May 2019 average sold price for single family home in Mesa was $324,789 and had increased about 4.5% from a year ago
  • Median sold price in May 2019 was $297,495, which had appreciated about 8.2% from a year ago
  • About 99% single family home sold in Mesa in May 2019 are regular sales
  • Most expansive home sold in May 2019 was sold for $1,333,000

 

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

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May 2019 Mesa AZ Housing Closed Sales Report Analysis

Based on closed sale statistic in May 2019, we saw 820 single family homes sold in Mesa. Compare to last year at 740, the number of single family home sold had increased about 10.8% from a year ago.

In May 2019, we saw 50 days on market (DOM), which is same as a year ago. It took average 50 days to get your Mesa single family home sold in May 2019.

2019 May Single Family Homes Median Sold Price in Mesa

May 2019 median sold price for single family home in Mesa was $297,495. Compare to a year ago, May 2018 median sold price was $275,000. The median sold price for single family home in Mesa had appreciated about 8.2% from a year ago.

May 2019 Mesa Median Sold Price was $297,495
Click here to view Homes for Sale in Mesa AZ Under $285,000

Mesa AZ May 2019 Single Family Homes Average Sold Price

2019 May average sold price for single family homes in Mesa AZ is $324,789. Compare to last year May at $310,682, the average sold price has increased about 4.5% from a year ago.

There are siz million dollar listings homes sold in May 2019 in Mesa AZ.

May 2019 Mesa Average Sold Price was $324,789
Click here to view Homes for Sale in Mesa AZ Under $300,000

May 2019 Average Sold Price Per SQFT

The price per square feet for May 2019 in Mesa is $164.00 per square feet.

May 2019 Mesa Average Sold Price per square feet was $164
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.

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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?

Homes for Sale Mesa AZ by Price Range

Homes for Sale Under $200,000 Mesa AZ

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Homes for Sale Over $1,000,000 Mesa AZ

 

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