Mesa

Mesa Prices Up 6% in 1st Quarter

This is a great chart showing the Median Sales Price in Mesa, by quarter, over the last few years. Notice we basically have 3 flat lines, with each one being a little bit higher on the chart than the last one. This shows that each year, prices tend to move higher in the 2nd Quarter and then remain basically flat for the next 3 quarters.

The median sales price was $273,500 in Q1, up 6% from $258,000 in Q1 2018 and over 26% from $216,000 in Q1 2016.

We should be starting to see prices increase this month, if things hold to trend again this year. Feel free to drop me an email if you want to share anecdotal information - otherwise I’ll have to wait to see what the data shows over the next couple of months.

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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 Trending Up

Mesa’s Median Sales Price was $275,000 last month, which equaled the median price reached last summer and is up 5% YoY compared with last February’s $261,000.

The trend has been gently sloping upward over the last 4 years, without many of the large spikes and dips found in other cities. This might be due to Mesa’s size; as the 2nd largest city by volume, there are more sales each month, which helps avoid some of the month-by-month deviations seen in smaller cities.

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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.

 

85213 is Most Desirable in Mesa

A look at the 13 different zip codes in Mesa shows homes in 85213 have the highest median sales price for homes sold in January ($335,000), followed closely by 85207 at $330,000 and 85212 at $308,945.

As we’ve said in the past, looking at one month’s data can skew the results since there isn’t a lot of data to compensate for the “outside of normal” things that happen in any given month. We might have a slightly different picture if we looked at quarterly or annual data instead. That being said, it’s clear that 85207 and 85213 are the most desirable zip codes in Mesa, while less expensive homes can be found in 85201, 85204, and 85208.

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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.

 

2018 Median Sales Price for Select Cities

This chart is a recap of the last month’s charts, showing a comparison of the various cities’ median sales prices for 2018. It’s interesting to see the variance among the cities, yet notice that even with all the ups and downs, the difference between the lowest and highest is only $83,500*.

* Not included is Scottsdale, because the $570,000 median sales price there was so high it made the chart much less impactful by comparison.

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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 Continue Trend

The median sales price in Mesa was $269,000 in 2018, up 8.5% from $248,000 in 2017, and up 136% since the bottom of the dip in 2011.

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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.