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Mesa, AZ
Real Estate

Brian Adamski, Realtor

Honest and Trustworthy
Skilled Negotiator

Mesa Market Overview

Houses

Highlights

As of February 7, 2025, the single-family homes market in Mesa reflects notable trends impacting buyers and sellers alike.

  • The number of active listings has declined to 1,022 over the last 30 days, down from 1,245 three months ago, indicating tightening inventory levels.
  • With the current average days on market (DOM) for active listings at 72, we see a moderate increase from 95 days three months ago.
  • Average sold prices have decreased from $576,396 to $541,623 over the same period, suggesting that sellers may be adjusting their prices to attract buyers.
Condos
Land
Multifamily

Info About Mesa

Mesa Homes for Sale

Mesa Homes for Sale


Mesa, Arizona, is the third-largest city in Arizona, with a population of just over 509,000 people. This bustling city is home to over 120 defined neighborhoods and possesses a diverse homes for sale covering many price points and types. Whether you are just starting out or downsizing and hope to invest in a modest home or you plan to invest millions in a luxury property, it’s here for you in Mesa.

It’s this abundance of housing options – along with a diverse economy — that attracts many young professionals to the area. Over 40 percent of Mesa residents are between 18 and 44 years old.

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And the character of Mesa reflects the youth and energy of its population. Great restaurants, popular nightspots, and trendy boutique retail outlets – as well as recognizable chain outlets – fill downtown Mesa and spread throughout the city. This makes it easy for friends to get together and socialize over dinner and drinks every night of the week.

Mesa’s Diverse Real Estate

The city of Mesa – due to its long east-to-west span – is commonly divided into East and West Mesa with Center Street being the accepted point where West Mesa becomes East Mesa.

Property values tend to increase as one moves out from the center of Mesa, with the most highly sought-after luxury properties typically found along the city’s outskirts.

Downtown Mesa

Downtown Mesa


Entry-level and affordable housing options for those just starting out or choosing to downsize are found in the area south of the two college campuses in Mesa – the polytechnic branch of Arizona State University and Mesa Community College.

Working in Mesa

Mesa offers many career opportunities across various industries – both blue and white-collar. Banner Health Systems – a nonprofit healthcare provider — is Mesa’s largest employer employing over 8,000 people. The Mesa Public School System is the second-largest employer, and The Boeing Company rounds out the top three.

In addition to these large-scale employers, Mesa has a thriving economy built on various small businesses. Regardless of a person’s skill set, there are opportunities within Mesa.

What to do in Mesa

When it comes to filling the leisure hours, Mesa has plenty to offer. Surrounded by the Sonoran desert with the Superstition Mountains to the east, Mesa is the outdoor enthusiasts’ dream. Whether that involves hiking or riding through the mountains, tackling the desert in an ATV, exploring the Tonto National Forest, or cooling off at one of Mesa’s three recreational lakes, it’s all right here every day of the week.

Mesa Spring Training

Mesa Spring Training

Mesa’s cultural and artistic heart is Mesa Arts Center – Arizona’s largest art education center. The Mesa Arts Center is one of the nation’s leading artistic incubators, featuring five separate art galleries, a performing arts center, and a rotating series of installations. Mesa’s appreciation and support of the arts extend beyond just the Arts Center. Mesa’s Main Street is lined with no less than 40 permanent sculptures for everyone to enjoy.

Restaurants and nightspots abound within Mesa. Most are concentrated in the downtown area and around the two campuses along University Drive. Here, visitors and residents can find cuisine from every culture known for their culinary contributions – just another example of Mesa’s appreciation for ethnic diversity. In addition to the restaurants and bars around the downtown area, there are plenty of hidden gems scattered throughout the city.

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Mesa Market Report

Houses

An In-Depth Look at Mesa Houses

The single-family homes market in Mesa has shown significant activity and shifts that warrant a closer look.

The current inventory of 1,022 active listings represents a decline from 1,245 listings just three months ago. This reduction in supply suggests a brisker pace within the marketplace, as fewer options typically intensify competition among buyers. However, despite this drop in inventory, the average DOM for active listings has increased to 72 days, compared to 95 days three months ago, indicating that homes are taking longer to sell than earlier this year.

Price dynamics reveal a noteworthy trend: the average sold price in the last 30 days is $541,623, down from $576,396 three months ago. This 6% decrease in sold prices may reflect market adjustments as sellers respond to a changing landscape, where buyers are more price-sensitive amidst fluctuating mortgage rates and overall economic conditions.

When looking at the price per square foot, active listings currently average $285, firmly positioning the market in a range where buyers are likely negotiating downwards, as indicated by the difference between active and sold prices. The average price per square foot for sold homes is $270, reinforcing a trend where the final prices closed below asking prices.

Moreover, the months of inventory have stabilized at 4.6 months, a slight increase from 3.5 months three months ago. This moderate rise suggests that, while the market is still favoring sellers, the balance is shifting towards a more competitive landscape, as longer listings and declining sold prices make it critical for sellers to strategize effectively.

In summary, the Mesa market displays mixed signals. While inventory has contracted, leading to potential competition among buyers, the elongated DOM and retreating sold prices emphasize the necessity for sellers to offer aggressive pricing tactics. For potential buyers, this market may present opportunities for below-asking offers on properties that exhibit higher DOM. Understanding these nuances is vital for navigating the evolving real estate landscape in Mesa.

Condos
Land
Multifamily

What sets Brian apart from the rest – in our experience – are his sharp eye, negotiating skills, and judgment.
Gordon and Stacy Shockley, Buyers
Brian Adamski review from google

Brian Adamski, Realtor

Honest and Trustworthy
Skilled Negotiator

Brian Adamski, Realtor
480-405-1265

In looking at the comparable sales with Brian, I wanted the list price to be lower, but Brian convinced me to list it a bit higher.
Amelia Autery, Seller
Brian Adamski review from google

 

Brian Adamski, Realtor

Honest and Trustworthy
Skilled Negotiator

Brian Adamski, Realtor
480-405-1265

What sets Brian apart from the rest – in our experience – are his sharp eye, negotiating skills, and judgment.
Gordon and Stacy Shockley, Buyers
Brian Adamski review from google

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