Mesa AZ December 2016 Housing Market Report

Swee Ng

7 years ago

Mesa AZ December 2016 Housing Market Report, House Value and Real Estate Listings

2016 December Mesa AZ Real Estate Market Highlight:

Active listing (Inventory) had Decreased 12.4% from November 2016
December 2016 Average Sold Price for Single Family Home in Mesa was $261,998 and had Increased 3.5% from November
Median Sold Price in December 2016 was $230,000, which is same as in November
97% of Single Family Detached Homes sold in December 2016 are Traditional Sale
Most expensive home sold in December 2016 in Mesa was sold for $1,360,000 Click here to view

Here are Mesa AZ Real Estate Single Family Detached Home statistics for December 2016. 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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December 2016 Mesa AZ Housing Closed Sales Report Analysis
We saw a 2.4% decreased in the number of Single Family Homes sold in December 2016 compared to the prior month. The statistics show that we had 537 residential Single Family Detached Homes sold in December 2016 in Mesa AZ compared to 550 in November 2016. This compares to 539 homes sold in December of last year.

In December 2016, we saw 67 days on Market (DOM) compare to 62 days in previous month . It average took average 67 days to get your Mesa AZ home sold in December 2016.

Also Read: 2016 Mesa AZ Housing Market Trends ReportMesa AZ December 2016 Average Sold Price Analysis
2016 December Average Sold Price for Single Family Detached Homes in Mesa AZ is $261,998 Compare to $253,024 in November, that’s about 3.5% increased from a month ago. The Average Sold Price in December 2015 was $244,405 and that’s about 7.2% appreciation from a year ago.

The average sold price per square feet in December 2016 was $135 per square feet, which are same as previous month. Compare to a year ago, December 2015 average sold price per square feet was $127.

December 2016 Mesa Single Family Home Average Sold Price was $261,998. Click here to view Homes for Sale in Mesa AZ Under $250,000

2016 December Single Family Detached Homes Median Sold Price in Mesa
December 2016 Median Sold Price was $230,000, which was same as in November. This compare to $219,900 in December 2015. The Median Sold Price for Single Family Home in Mesa AZ had appreciated about 4.6% from a year ago.

December 2016 Mesa Single Family Home Median Sold Price was $230,000. 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 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 todays 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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