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July 31, 2007

Mesa, AZ Market Update for June 2007

Here are the latest real estate market statistics for Mesa, AZ area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 46.3%*

Average May 2007 June 2007 % Change
Asking Price $275,060 $266,805 -3.0%
Sales Price $266,892 $260,005 -2.6%
% of Asking Price 97% 97% 0.0%
$/SQFT $155 $153 -1.3%
Days on Market 95 101 6.3%
Total Transactions 590 494 -16.3%

Search for homes in Mesa, AZ and read a neighborhood overview of the Mesa, AZ area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 4,694 properties on the market with 1,397 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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