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2017 March Mesa AZ Real Estate Housing Market Update

Swee Ng

2017 March Mesa AZ Real Estate Housing Market Update, Statistics and House Value

March 2017 Mesa AZ Real Estate Housing Market Update Highlight:
  • Active listing (Inventory) is almost same as previous month
  • March 2017 Average Sold Price for Single Family Home in Mesa was $267,155 and had Decreased 1.4% from February 2017
  • Median Sold Price in March 2017 was $235,000, which had Decreased 1.7% from February
  • 98% of Single Family Detached Homes sold in March 2017 are Traditional Sale
  • Most Expensive House Sold in Mesa AZ in March 2017 was sold at $1,100,000. click here to view

Here are Mesa AZ Real Estate – Single Family Detached Home statistics for March 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.

Also read:
Phoenix AZ March 2017 Housing Market Trends Report
Ahwatukee March 2017 Housing Market Trends Report
Chandler AZ March 2017 Housing Market Trends Report
Gilbert AZ March 2017 Housing Market Trends Report
Tempe AZ March 2017 Housing Market Trends Report

March 2017 Mesa AZ Housing Closed Sales Report Analysis
We saw a 48.4% increased in the number of Single Family Homes sold in March 2017 compared to a month ago. The statistics show that we had 724 residential Single Family Detached Homes sold in March 2017 in Mesa AZ compared to 488 in February. This compares to 632 homes sold in March of last year.

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

2017 March Single Family Detached Homes Median Sold Price in Mesa
March 2017 Median Sold Price was $235,000, which has decreased about 1.7% from previous month at $239,000. This compare to $215,000 in March 2016. The Median Sold Price for Single Family Home in Mesa AZ had increased $20,000 and appreciated about 9.3% from a year ago.

March 2017 Mesa Median Sold Price was $235,000. Click here to view Homes for Sale in Mesa AZ Under $230,000
Mesa AZ March 2017 Average Sold Price Analysis
2017 March Average Sold Price for Single Family Detached Homes in Mesa AZ is $267,155 Compare to $271,069 in February, that’s about 1.4% decreased from a month ago. The Average Sold Price in March 2016 was $241,968 and that’s about 10.4% appreciation from a year ago.

March 2017 Mesa Average Sold Price was $267,155. Click here to view Homes for Sale in Mesa AZ Under $265,000
The average sold price per square feet in March 2017 was $139 per square feet, compare to $140 previous month. Compare to a year ago, March 2016 average sold price per square feet was $129.

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.

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.

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Swee Ng, Realtor specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.If you are looking to buy or sell your home in Mesa AZ area, I would like the opportunity to be interviewed for the job. Contact Us today for complimentary and no obligation consultation. I hope that you will put my experience, knowledge, service and professionalism to work for you.


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Summary
Article Name
2017 March Mesa AZ Real Estate Housing Market Update
Description
March 2017 Median Sold Price was $235,000 compare to $215,000 in March 2016. The Median Sold Price for Single Family Home in Mesa AZ had increased $20,000 and appreciated about 9.3% from a year ago.
Author
Publisher Name
Swee Ng Realtor® with HomeSmart
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