Mesa AZ Housing Market Trends Report February 2018

Swee Ng

6 years ago

Mesa AZ Housing Market Trends Report February 2018, Statistics and House Value

Here are Mesa AZ housing market update February 2018 for single family detached home and statistics. 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.

February 2018 Mesa AZ Real Estate Housing Market Update Highlight:

New listing had decreased about 3.6% from February 2017
February 2018 Average Sold Price for Single Family Home in Mesa was $285,657 and had increased 5.5% from a year ago
Median Sold Price in February 2018 was $261,000, which had increased 9.7% from a year ago
97% of single family home sold in Mesa in February 2018 are regular sales
Most expansive home sold in February 2018 was sold for $1,120,814

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February 2018 Number of Home Sold in Mesa AZ

We saw about 9.8% increased in the number of single family homes sold in February 2018 compared to a year ago. The statistics show that we had 537 residential single family homes sold in February 2018 in Mesa AZ compared to 489 in February of last year.

In February 2018, we saw 65 days on market (DOM), compare to 70 in a year ago. It took average 65 days to get your Mesa home sold in February 2018.

2018 February Single Family Homes Median Sold Price in Mesa

February 2018 median sold price for single family home in Mesa was $261,000. Compare to a year ago, February 2017 median sold price was $238,000.The median sold price for single family home in Mesa had appreciates about 9.7% from a year ago.

February 2018 Mesa Median Sold Price was $261,000
Click here to view Homes for Sale in Mesa AZ Under $250,000

Mesa AZ February 2018 Single Family Homes Average Sold Price

2018 February average sold price for single family homes in Mesa AZ is $285,657. Compare to last year February at $270,714, the average sold price has increased about 5.5% from a year ago.

February 2018 Mesa Average Sold Price was $285,657
Click here to view Homes for Sale in Mesa AZ Under $285,000
The price per square feet for February 2018 in Mesa is $149 per square feet.

Based on statistics on both of median sold price and average sold price statistics, buyers are paying more for a single family 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.

Also Read: How rising interest rates will impact housing affordability?

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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Mesa AZ Housing Market Trends Report February 2018, Statistics and House Value

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Mesa AZ Housing Market Trends Report February 2018, Statistics and House Value. February 2018 Average Sold Price for Single Family Home in Mesa was $285,657 and had increased 5.5% from a year ago. Contact Swee Ng 480-721-6253 for more information.

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Swee Ng

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Swee Ng Realtor® with HomeSmart

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