"In September, home prices fell moderately from the month before, with a median listing price of $480,000. The number of listings on the market grew 1.6% from last month, which is a smaller increase than normal for this time of the year in Mesa, and homes are also selling slower than at the same time last year. Home prices in Mesa Typically, home price per square foot in Mesa tend to rise in September."
"And the most recent data shows that the price per square foot increased by 0.1% compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in the High-Tech Oasis are outpacing the national market. Mesa inventory In September, there were 1,309 homes for sale in Mesa, which was 1.6% more than the month before and 33.0% more than the same time last year."
Median listing price in September was $480,000 and home prices fell moderately from the prior month. Listings on the market increased 1.6% from last month, a smaller seasonal increase than normal, and homes are selling slower than at the same time last year. Price per square foot in Mesa rose 0.1% month-over-month while the national price per square foot decreased 0.8%. Active inventory totaled 1,309 homes, up 1.6% month-over-month and 33.0% year-over-year. New listings numbered 598, up 23.6% month-over-month and down 2.3% year-over-year. Average time on market was 59 days; the national average was 62 days.
#mesa-az-housing-market #median-listing-price #inventory-levels #price-per-square-foot #days-on-market
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