Mesa Real Estate Stats
Updated July '10

Over the past few years I have been reporting nothing but doom and gloom when it came to Mesa real estate market trends. But finally I am able to report good news. I see the writing on the wall, and it says the Mesa Arizona real estate market has bottomed out!

 

 

One thing to look at is the price that houses are actually selling for as compared to how much they are listed for. These Mesa real estate stats look like a classic bell shaped curve to me - and it looks like we have hit the bottom (that's good news).

 

 

 

 

Another important factor in looking the Mesa real estate market trends is how long homes were on the market when they actually sold. This is called days on market and is often referred to as DOM. Low DOM is good for sellers.

 

 

 

 

The final way I like to evaluate what is happening with Mesa real estate market trends is by showing how many homes have sold versus how many are currently listed at any given time. I also like to throw in how many homes are pending sale as well as how many new listings that there are.

 

 

 

 

I like what I see happening in the Mesa Arizona real estate market. Want more good news besides the Mesa real estate stats? Look at the Chandler and Maricopa stats!









Data used to create this statistical analysis comes directly from the Arizona Regional Multiple Listing Service (MLS) and is therefore deemed to be reliable but is not guaranteed. All charts and interpretations are the intellectual property of Jeff Hunt and Rider's Realty. Any republication or distribution is strictly forbidden without written permission of the owner.