Mesa – Arizona

Mesa – Arizona

Mesa’s real estate market might present investment opportunities for residential properties.  As one of the oldest and largest cities in Arizona, and with a large population of retirees, Mesa has been considered one of the most affordable cities in the Valley and the country.  Again, the same factors that are driving the rest of the local market are affecting the city of Mesa. The mild winter climate, beautiful environment, and strong economic conditions attract more residents every year. The demand for housing in Mesa is fairly high while property inventories are at their lowest and prices are keeping up with the rest of the market.

MARKET DATA
(Sales Closed from July 1, 2023 to December 31, 2023)
SINGLE-FAMILY HOMES ONLY
MEDIAN PRICE:
$486,377
AVG PRICE:
$556,490
HOMES CLOSED:
1941
AVG  SQ. FT:
2071

Based on information from Arizona Regional MLS for the period

TRENDS

Source: Arizona Multiple Listing System

*It’s important to note that the real estate market can be influenced by many factors, such as economic conditions, interest rates, and local markets. it’s always advisable to contact us for the most up-to-date and specific information.

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