Mesa AZ Housing Market Trends May 2015
Posted on June 17, 2015May 2015 Mesa AZ Real Estate Market Highlight:
- Active listing (Inventory) has Decreased 6.1% from April 2015
- Median Sold Price has Increased 4.6% from April 2015
- Average Sold price has Increased 4.9% from April 2015
- 97% of Single Family Detached Homes sold are Traditional Sale
- Most expensive home sold in May 2015 in Mesa was sold for $1,132,750 Click here to view
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Mesa AZ May 2015 Closed Sales Report Analysis:
We saw a 0.8% increase in the number of closed sales in May 2015 compare to the prior month. The statistics show that we had 608 residential Single Family Detached Homes sold in May 2015 in Mesa compared to 603 in April 2015. This compares to 566 closed sales in May of last year.
Mesa AZ May Average Sold Price Analysis:
May 2015 Average Sold Price for Single Family Detached Homes in Mesa AZ is $243,802. This Average Sold Price has increased 4.6% from April 2015. This is because there are 22 homes that are over $500,000 sold in May 2015 compare to 17 in April. It is important for Seller and Buyer to refer to Median Sold Price instead of Average Sold Price. If there are multiples millions homes sold in particular months, the Average Sold Price will be high.
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.
Thinking of Selling Your Home in Mesa AZ?
Contact or call Swee Ng at 480.721.6253 today to discuss your potential Mesa AZ House Value 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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See Homes for Sale in Mesa AZ by Price Range:
Mesa Homes for Sale Under $100,000
Mesa Homes for Sale $100,000 - $200,000
Mesa Homes for Sale $200,000 - $300,000
Mesa Homes for Sale $300,000 - $400,000
Mesa Homes for Sale $400,000 - $500,000
Mesa Homes for Sale $500,000 - $750,000
Mesa Homes for Sale $750,000 - $1,000,000
Mesa Homes for Sale Over $1,000,000
Swee Ng, Realtor Keller Williams Realty Sonoran Living 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.
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