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Mesa Arizona Real Estate Market Update – Mesa Arizona Real Estate

Mesa Arizona Real Estate Market Update – Mesa Arizona Real Estate

This Week                                                                                                                                                                                                          The median list price in MESA, AZ this week is $129,900. The 1720 properties have been on the market for an average of 126 days.

The Market Action Index has been basically flat recently, and days on market decreasing, there are not strong signals for the direction of the market.

Supply and Demand                                                                                                                                                                                                  Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices are not yet moving higher as excess inventory is consumed.  However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.

 

 We hope you find this short Mesa real estate market update useful.  Click here to view homes for sale in Mesa Arizona. Perspective Real Estate Group is ready to help you find your perfect Mesa home for sale.

For more information on Mesa Arizona homes for sale visit us at www.ArizonaPerspective.com