October 2018 Mesa AZ Real Estate Housing Market Trends Report, Statistics and House Value
Here are Mesa AZ housing market update October 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.
- New listing had increased about 10.1% from October 2017
- October 2018 average sold price for single family home in Mesa was $312,319 and had increased about 14.3% from a year ago
- Median sold price in October 2018 was $270,000, which had increased about 8.9% from a year ago
- About 99% of single family home sold in Mesa in October 2018 are regular sales
- Most expansive home sold in October 2018 was sold for $2,750,000
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October 2018 Mesa AZ Housing Closed Sales Report Analysis
Based on closed sale statistic in October 2018, we saw 570 single family homes sold in Mesa, compare to last year 541.
In October 2018, we saw 47 days on market (DOM), compare to 54 in a year ago. It took average 47 days to get your Mesa single family home sold in October 2018.
2018 October Single Family Homes Median Sold Price in Mesa
October 2018 median sold price for single family home in Mesa was $270,000. Compare to a year ago, October 2017 median sold price was $248,000.The median sold price for single family home in Mesa had appreciates about 8.9% from a year ago.
Click here to view Homes for Sale in Mesa AZ Under $250,000
Mesa AZ October 2018 Single Family Homes Average Sold Price
2018 October average sold price for single family homes in Mesa AZ is $312,319. Compare to last year October at $273,298, the average sold price has increased about 14.3% from a year ago. There are 4 million dollar listings homes sold in October 2018 in Mesa AZ.
Click here to view Homes for Sale in Mesa AZ Under $300,000
The price per square feet for October 2018 in Mesa is $159.00 per square feet.
Click here to view Homes for Sale in Mesa AZ Under $125 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?
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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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