Mesa

East Valley Prices Continue to Appreciate

The Median Sales Price has increased YoY across the East Valley. Tempe led the way with a 10% Yoy percentage gain, followed by Mesa (9%), Chandler (8%), and Gilbert (6%). Gilbert remained the most expensive city, however, with a median sales price of $359,950. Mesa continues to be the most affordable city (of the 4), with a median sales price of $301,750.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Mesa Median Price climbs past $300,000

“Slow-down? What slow-down?” says Mesa, where the Median Sales Price in July was over $300,000 for the first time at $301,750. This is up 9.7% YoY from the $275,000 median price in July ‘18, while the trend over the last couple of years shows consistent seasonality mixed in with consistent price appreciation.

It’s been a good run for homeowners in Mesa lately.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Mesa Pricing is up in 2nd Qtr

The Median Price per Square Foot in Mesa was $162.68/sqft in the 2nd Quarter, up 6% YoY from Q2 2018. Looking at the rest of the chart shows very consistent growth, quarter after quarter, over the last 3-4 years.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Mesa prices up 5%

The Median Sales Price per Square Foot in Mesa rose 5% YoY last month, from $153.65 in May ‘18 to $161.43 in May ‘19 - a nice increase to be sure, but slightly off from last year’s 9% increase over 2017’s number.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Prices Rise across the East Valley

The Median Sales Price rose across the East Valley in April, when compared YoY with April 2018. Chandler, Gilbert and Mesa rose modestly (3-5%), while Tempe’s median price rose sharply (8%) from $310,000 in Apr ‘18 to $335,885 in Apr ‘19.

It’s also interesting to see the median prices bunched together so closely, with Chandler, Gilbert, and Tempe all within a couple thousand dollars of each other. I’m not sure exactly what this means, if anything, but it’s unusual compared with other time periods and other parts of the Valley.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.