Mesa Sees 8.8% Upturn in Active House Listing Prices

Mesa reported a total of 10,914 active home listings during 2015 through October 31. The 200,000-249,999 price category reported one of the greatest numbers of houses for sale with 1,964 listings. The total active listings inventory in Mesa had a 2.4% fall when compared to this time range last year, which showed 11,179 residences for sale, a year-to-year net reduction of 265 homes. The average year-to-date active list price of $246,995 rose 8.8% above the average listed price of $226,990 from this time period during 2014. The average days on market for actively listed for sale houses in Mesa was 67 days through the end of October, a 2.9% decline below the average in comparison to this reporting period one year ago. Home listings are taking fewer days to sell this year on average.

House Sales Increase 7%. As of October 31, 2015, Mesa recorded a total of 6,926 residential property sales year to date as the average price of $210,212 recorded a gain of 6.3% from this time range one year ago. The total amount of sold residential listings in Mesa experienced a 6.9% gain when compared to this period one year ago, which reported a volume of 6,477 sold residences, a year-to-year net rise of 449 closed sales. The 200,000-249,999 price range saw one of the largest numbers of homes sales this year with 1,263 closed transactions.

Sam Lawmaster is a Mesa REALTOR who specializes in residential listings. Information provided by ARMLS and deemed accurate but not guaranteed; percentages rounded. For the most recent local real estate info or to request a free evaluation of your current home, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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