Friday, 29 May 2020

Mesa AZ January 2017 Housing Market Update

Written by Posted On Wednesday, 15 February 2017 17:54

Mesa AZ January 2017 Housing Market Report, House Value and Real Estate Listings

2017 January Mesa AZ Real Estate Market Highlight:

  • Active listing (Inventory) had Increased 11.5% from December 2016
  • January 2017 Average Sold Price for Single Family Home in Mesa was $260,734 and had Decreased 0.5% from December 2016
  • Median Sold Price in January 2017 was $231,000, which had Increased 0.4% from December
  • 98% of Single Family Detached Homes sold in January 2017 are Traditional Sale
  • Most expensive home sold in January 2017 in Mesa was sold for $1,475,000 Click here to view
Mesa AZ January 2017 Housing Market Report by Swee Ng, House Value and Real Estate Listings

Here are Mesa AZ Real Estate – Single Family Detached Home statistics for January 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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January 2017 Mesa AZ Housing Closed Sales Report Analysis
We saw a 14.3% decreased in the number of Single Family Homes sold in January 2017 compared to the previous month. The statistics show that we had 460 residential Single Family Detached Homes sold in January 2017 in Mesa AZ compared to 537 in December 2016. This compares to 355 homes sold in January of last year.

In January 2017, we saw 70 days on Market (DOM) compare to 67 days in previous month . It average took average 70 days to get your Mesa AZ home sold in January 2017.

Also Read: 2016 Mesa AZ Housing Market Trends Report

Mesa AZ January 2017 Average Sold Price Analysis
2017 January Average Sold Price for Single Family Detached Homes in Mesa AZ is $260,734 Compare to $261,734 in December, that’s about 0.5% decreased from a month ago. The Average Sold Price in January 2016 was $241,542 and that’s about 7.9% appreciation from a year ago.

The average sold price per square feet in January 2017 was $137 per square feet, compare to $135 previous month. Compare to a year ago, January 2016 average sold price per square feet was $126.

January 2017 Mesa Average Sold Price was $260,734. Click here to view Homes for Sale in Mesa AZ Under $250,000

2017 January Single Family Detached Homes Median Sold Price in Mesa
January 2017 Median Sold Price was $231,000, which has increased about 0.4% from previous month at $230,000. This compare to $209,000 in January 2016. The Median Sold Price for Single Family Home in Mesa AZ had appreciated about 10.5% from a year ago.

January 2017 Mesa Median Sold Price was $231,000. Click here to view Homes for Sale in Mesa AZ Under $200,000

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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