March 2024 began with listings at 122% of the 3 year average of 576 (from 2021-2023).
February’s sales were at 76% of the 3 year average of 557 (from 2021-2023).
Mesa is currently turning over housing inventory once every 1.8 months
Mesa Housing Market Conditions Updated for March 2024
To reduce data errors results are based on:
- Mesa SOLD single family residences, patio homes, and townhomes (ask us about condos)
- List/sales price under $1,000,000
- Size over 1,000 sq ft.
- Calendar month
5 YEARS of sales data below will increase your understanding the local housing market (we have city data archived back to January 2008).
| Month | Total Active | Total Sold | % Sold | MO. INV. | Sq ft | Price | DOM | $$ sq ft | +/- List Price | Active # Foreclo. | % Active Foreclo. | Sold Foreclo. | % Sold Foreclo. |
| Mar-24 | 705 | 1 | 0.1% | ||||||||||
| Feb-24 | 751 | 423 | 56.3% | 1.8 | 1,870 | $485,908 | 59 | $260 | -$6,796 | 1 | 0.1% | 2 | 0.5% |
| Jan-24 | 707 | 310 | 43.8% | 2.3 | 1,833 | $477,337 | 53 | $260 | -$7,059 | 3 | 0.4% | 1 | 0.3% |
| Mesa Housing Market Conditions 2022 | |||||||||||||
| Dec-23 | 725 | 304 | 41.9% | 2.4 | 1,890 | $479,662 | 51 | $254 | -$9,294 | 2 | 0.3% | 0 | 0.0% |
| Nov-23 | 714 | 322 | 45.1% | 2.2 | 1,822 | $471,867 | 44 | $259 | -$7,523 | 1 | 0.1% | 1 | 0.3% |
| Oct-23 | 559 | 306 | 54.7% | 1.8 | 1,942 | $502,600 | 40 | $259 | -$5,978 | 1 | 0.2% | 0 | 0.0% |
| Sep-23 | 495 | 338 | 68.3% | 1.5 | 1,861 | $483,231 | 44 | $260 | -$4,393 | 0 | 0.0% | 2 | 0.6% |
| Aug-23 | 421 | 435 | 103.3% | 1.0 | 1,893 | $485,503 | 40 | $256 | -$3,709 | 2 | 0.5% | 0 | 0.0% |
| Jul-23 | 453 | 390 | 86.1% | 1.2 | 1,903 | $493,133 | 45 | $259 | -$4,558 | 1 | 0.2% | 3 | 0.8% |
| Jun-23 | 498 | 507 | 101.8% | 1.0 | 1,968 | $489,471 | 55 | $249 | -$5,687 | 2 | 0.4% | 1 | 0.2% |
| May-23 | 527 | 577 | 109.5% | 0.9 | 1,925 | $475,440 | 62 | $247 | -$5,803 | 1 | 0.2% | 1 | 0.2% |
| Apr-23 | 681 | 519 | 76.2% | 1.3 | 1,882 | $465,446 | 71 | $247 | 1 | 0.1% | 3 | 0.6% | |
| Mar-23 | 819 | 640 | 78.1% | 1.3 | 1,853 | $459,689 | 72 | $248 | 1 | 0.1% | 0 | 0.0% | |
| Feb-23 | 933 | 477 | 51.1% | 2.0 | 1,822 | $452,606 | 71 | $248 | 0 | 0.0% | 0 | 0.0% | |
| Jan-23 | 1,066 | 377 | 35.4% | 2.8 | 1,830 | $451,691 | 74 | $247 | 0 | 0.0% | 0 | 0.0% | |
| Mesa Housing Market Conditions 2022 | |||||||||||||
| Dec-22 | 1,268 | 399 | 31.5% | 3.2 | 1,901 | $460,671 | 61 | $242 | 0 | 0.0% | 0 | 0.0% | |
| Nov-22 | 1,388 | 352 | 25.4% | 3.9 | 1,924 | $488,675 | 58 | $254 | 0 | 0.0% | 0 | 0.0% | |
| Oct-22 | 1,333 | 431 | 32.3% | 3.1 | 1,882 | $483,373 | 49 | $257 | 0 | 0.0% | 0 | 0.0% | |
| Sep-22 | 1,243 | 489 | 39.3% | 2.5 | 1,838 | $484,858 | 43 | $264 | 0 | 0.0% | 0 | 0.0% | |
| Aug-22 | 1,194 | 452 | 37.9% | 2.6 | 1,895 | $495,997 | 34 | $262 | 0 | 0.0% | 0 | 0.0% | |
| Jul-22 | 938 | 451 | 48.1% | 2.1 | 1,838 | $496,322 | 28 | $270 | 0 | 0.0% | 0 | 0.0% | |
| Jun-22 | 558 | 623 | 111.6% | 0.9 | 1,827 | $507,458 | 24 | $278 | 0 | 0.0% | 1 | 0.2% | |
| May-22 | 345 | 678 | 196.5% | 0.5 | 1,806 | $512,769 | 21 | $284 | 1 | 0.3% | 1 | 0.1% | |
| Apr-22 | 252 | 679 | 269.4% | 0.4 | 1,811 | $492,098 | 22 | $272 | 1 | 0.4% | 2 | 0.3% | |
| Mar-22 | 213 | 809 | 379.8% | 0.3 | 1,876 | $497,017 | 24 | $265 | 0 | 0.0% | 1 | 0.1% | |
| Feb-22 | 244 | 595 | 243.9% | 0.4 | 1,832 | $470,058 | 26 | $257 | 1 | 0.4% | 1 | 0.2% | |
| Jan-22 | 318 | 547 | 172.0% | 0.6 | 1,862 | $463,139 | 30 | $249 | 1 | 0.3% | 0 | 0.0% | |
| Mesa Housing Market Conditions 2021 | |||||||||||||
| Dec-21 | 394 | 701 | 177.9% | 0.6 | 1,897 | $466,275 | 29 | $246 | 1 | 0.3% | 1 | 0.1% | |
| Nov-21 | 419 | 718 | 171.4% | 0.6 | 1,850 | $448,453 | 27 | $242 | 0 | 0.0% | 1 | 0.1% | |
| Oct-21 | 444 | 618 | 139.2% | 0.7 | 1,872 | $454,884 | 26 | $243 | 0 | 0.0% | 2 | 0.3% | |
| Sep-21 | 376 | 709 | 188.6% | 0.5 | 1,860 | $444,280 | 22 | $239 | 3 | 0.8% | 3 | 0.4% | |
| Aug-21 | 418 | 702 | 167.9% | 0.6 | 1,927 | $449,376 | 22 | $233 | 2 | 0.5% | 1 | 0.1% | |
| Jul-21 | 296 | 680 | 229.7% | 0.4 | 1,910 | $439,519 | 19 | $230 | 0 | 0.0% | 0 | 0.0% | |
| Jun-21 | 255 | 728 | 285.5% | 0.4 | 1,951 | $437,075 | 20 | $224 | 0 | 0.0% | 1 | 0.1% | |
| May-21 | 180 | 718 | 398.9% | 0.3 | 1,940 | $432,380 | 20 | $223 | 1 | 0.6% | 2 | 0.3% | |
| Apr-21 | 176 | 749 | 425.6% | 0.2 | 1,849 | $398,281 | 19 | $215 | 1 | 0.6% | 2 | 0.3% | |
| Mar-21 | 218 | 776 | 356.0% | 0.3 | 1,865 | $390,864 | 21 | $210 | 0 | 0.0% | 4 | 0.5% | |
| Feb-21 | 186 | 662 | 355.9% | 0.3 | 1,934 | $383,769 | 32 | $198 | 0 | 0.0% | 0 | 0.0% | |
| Jan-21 | 205 | 580 | 282.9% | 0.4 | 1,925 | $374,042 | 32 | $194 | 0 | 0.0% | 1 | 0.2% | |
| Mesa Housing Market Conditions 2020 | |||||||||||||
| Dec-20 | 353 | 774 | 219.3% | 0.5 | 1,916 | $362,689 | 33 | $189 | 0 | 0.0% | 2 | 0.3% | |
| Nov-20 | 440 | 815 | 185.2% | 0.5 | 1,925 | $364,443 | 28 | $189 | 1 | 0.2% | 1 | 0.1% | |
| Oct-20 | 441 | 787 | 178.5% | 0.6 | 1,947 | $370,244 | 29 | $190 | 3 | 0.7% | 3 | 0.4% | |
| Sep-20 | 352 | 806 | 229.0% | 0.4 | 2,002 | $366,622 | 29 | $183 | 5 | 1.4% | 2 | 0.2% | |
| Aug-20 | 391 | 733 | 187.5% | 0.5 | 1,923 | $346,990 | 32 | $180 | 2 | 0.5% | 4 | 0.5% | |
| Jul-20 | 377 | 803 | 213.0% | 0.5 | 1,945 | $346,358 | 41 | $178 | 1 | 0.3% | 1 | 0.1% | |
| Jun-20 | 546 | 826 | 151.3% | 0.7 | 1,989 | $343,695 | 47 | $173 | 1 | 0.2% | 4 | 0.5% | |
| May-20 | 590 | 566 | 95.9% | 1.0 | 1,968 | $338,718 | 37 | $172 | 3 | 0.5% | 6 | 1.1% | |
| Apr-20 | 749 | 623 | 83.2% | 1.2 | 1,899 | $329,417 | 33 | $173 | 6 | 0.8% | 3 | 0.5% | |
| Mar-20 | 501 | 736 | 146.9% | 0.7 | 1,937 | $336,769 | 40 | $174 | 5 | 1.0% | 1 | 0.1% | |
| Feb-20 | 567 | 593 | 104.6% | 1.0 | 1,925 | $326,992 | 45 | $170 | 2 | 0.4% | 1 | 0.2% | |
| Jan-20 | 561 | 506 | 90.2% | 1.1 | 1,892 | $319,122 | 47 | $169 | 2 | 0.4% | 9 | 1.8% | |
| Mesa Housing Market Conditions 2019 | |||||||||||||
| Dec-19 | 665 | 630 | 94.7% | 1.1 | 1,893 | $312,389 | 43 | $165 | 7 | 1.1% | 3 | 0.5% | |
| Nov-19 | 692 | 576 | 83.2% | 1.2 | 1,900 | $315,371 | 42 | $166 | 6 | 0.9% | 1 | 0.2% | |
| Oct-19 | 661 | 672 | 101.7% | 1.0 | 1,949 | $317,031 | 42 | $163 | 5 | 0.8% | 7 | 1.0% | |
| Sep-19 | 620 | 663 | 106.9% | 0.9 | 1,975 | $320,796 | 42 | $162 | 4 | 0.6% | 4 | 0.6% | |
| Aug-19 | 699 | 768 | 109.9% | 0.9 | 1,933 | $310,250 | 45 | $161 | 5 | 0.7% | 10 | 1.3% | |
| Jul-19 | 718 | 732 | 101.9% | 1.0 | 2,024 | $320,392 | 49 | $158 | 7 | 1.0% | 5 | 0.7% | |
| Jun-19 | 773 | 773 | 100.0% | 1.0 | 1,955 | $312,181 | 53 | $160 | 5 | 0.6% | 4 | 0.5% | |
| May-19 | 898 | 916 | 102.0% | 1.0 | 1,941 | $308,233 | 48 | $159 | 11 | 1.2% | 6 | 0.7% | |
| Apr-19 | 965 | 825 | 85.5% | 1.2 | 1,902 | $301,095 | 54 | $158 | 9 | 0.9% | 6 | 0.7% | |
| Mar-19 | 1,054 | 751 | 71.3% | 1.4 | 1,868 | $291,935 | 62 | $156 | 13 | 1.2% | 7 | 0.9% | |
| Feb-19 | 1,094 | 561 | 51.3% | 2.0 | 1,857 | $295,131 | 62 | $159 | 14 | 1.3% | 4 | 0.7% | |
| Jan-19 | 1,016 | 481 | 47.3% | 2.1 | 1,821 | $278,293 | 58 | $153 | 8 | 0.8% | 5 | 1.0% | |
NOTE: we use the term “foreclosure” to describe bank owned homes and short sales because most people are familiar with it. “Distressed Properties” may be more accurate.
- Total Active – # of homes for sale at the beginning of the current month
- Total Sold – # of homes sold in the current month
- % Sold – a ratio of total sold to total active
- MO. INV. – based on total sold, how many months it would take to sell the total “active” inventory
- Sq ft – average square footage of sold homes
- Price – average sales price of sold homes
- DOM – Days On Market, or average days to sale
- $ sq ft – average price per square foot
- +/- List Price – the average dollars received by sellers above or below their average list prices
- Active # Foreclo. – # distressed properties for sale at beginning of month
- % Active Foreclo. – active # distressed properties expressed as a %
- Sold Foreclo. – # distressed properties sold in current month
- % Sold Foreclo. – # distressed properties expressed as a %
State: Arizona
County: Maricopa
Location: Mesa
ZIP or Postal Code(s): 85201, 85202, 85203, 85204, 85205, 85206, 85207, 85208, 85209, 85210, 85212, 85213, 85215
Mesa Fast Facts
- 484,587 Population in 2017 making it the 2nd largest city in Metro Phoenix and 3rd in the state. It’s also the 38th largest city in the US bigger than Atlanta, Miami, Oakland, Minneapolis, and New Orleans.
- About 133 square miles in size
- 40+ golf courses
- 57 Parks and 9 public pools
- 3,000 restaurants, 65 hotels and resorts
- Largest employers: Banner Health Systems, Mesa Public Schools, The Boeing Company, and the City of Mesa
Return regularly for Mesa Housing Market Conditions, to find homes for sale in Mesa, and to work with a professional Mesa Real Estate Agent.
