Brian Adamski, Realtor
Honest and Trustworthy
Skilled Negotiator
Mesa Market Overview
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.
Market Snapshot as of 2.7.2025 | Inventory and Pricing |
---|---|
Active Listings: | 1,022 |
Avg List Price: | $642,841 |
Months of Inventory: | 4.6 |
Under Contract Listings: | 511 |
Avg List Price: | $611,661 |
Coming Soon Listings: | 61 |
Avg List Price: | $691,793 |
Sold Listings (last 3 mos): | 970 |
Avg Sold Price: | $571,516 |
Sold Listings (last 6 mos): | 2,020 |
Avg Sold Price: | $561,710 |
Sold Listings (last 12 mos): | 4,639 |
Avg Sold Price: | $562,641 |
Highlights
As of February 7, 2025, the condo/townhome market in Mesa is displaying varied trends that could interest both buyers and sellers.
- Active listings have recently increased, reaching 344, up from 306 three months ago, indicating a rise in inventory.
- With average sold prices remaining relatively stable at $310,490, the market conditions may provide favorable opportunities for negotiation.
- A notable rise in Days on Market (DOM) has been observed, averaging 68 days currently compared to 95 days three months ago, suggesting an increasing pace of sales.
- Months of Inventory currently sits at 5.7, reflecting a balanced market that can cater to both buyers and sellers alike.
Market Snapshot as of 2.7.2025 | Inventory and Pricing |
---|---|
Active Listings: | 344 |
Avg List Price: | $329,073 |
Months of Inventory: | 5.7 |
Under Contract Listings: | 103 |
Avg List Price: | $326,402 |
Coming Soon Listings: | 8 |
Avg List Price: | $342,463 |
Sold Listings (last 3 mos): | 238 |
Avg Sold Price: | $309,399 |
Sold Listings (last 6 mos): | 511 |
Avg Sold Price: | $314,593 |
Sold Listings (last 12 mos): | 1,153 |
Avg Sold Price: | $315,404 |
Highlights
As of February 7, 2025, the Land market in Mesa has displayed a noteworthy shift in trends that impact both buyers and sellers.
- In the past 30 days, the inventory of active listings has slightly declined, currently at 43, compared to 53 three months ago.
- The average price for sold properties has decreased to $385,400, which is a notable change from $471,250 three months ago.
- The DOM for active listings has decreased to 238 days, indicating that properties are selling slower, as seen in the average DOM of 68 days for sold listings three months ago.
Market Snapshot as of 2.7.2025 | Inventory and Pricing |
---|---|
Active Listings: | 43 |
Avg List Price: | $777,148 |
Months of Inventory: | 9.4 |
Under Contract Listings: | 13 |
Avg List Price: | $675,065 |
Coming Soon Listings: | 1 |
Avg List Price: | $131,900 |
Sold Listings (last 3 mos): | 17 |
Avg Sold Price: | $364,670 |
Sold Listings (last 6 mos): | 28 |
Avg Sold Price: | $405,405 |
Sold Listings (last 12 mos): | 67 |
Avg Sold Price: | $354,501 |
Highlights
As of February 7, 2025, the Multifamily market in Mesa has shown varied trends that may impact buyers and sellers alike.
- Over the past 30 days, the average sold price has risen to $767,100, reflecting a healthy demand in the area.
- Days on Market (DOM) have seen a sharp decrease to 8 days, indicating properties are selling faster.
- On the contrary, the months of inventory have climbed to 5.8 months, suggesting a more balanced market.
Market Snapshot as of 2.7.2025 | Inventory and Pricing |
---|---|
Active Listings: | 15 |
Avg List Price: | $2,112,300 |
Months of Inventory: | 5.8 |
Under Contract Listings: | 9 |
Avg List Price: | $597,661 |
Coming Soon Listings: | 0 |
Avg List Price: | $0 |
Sold Listings (last 3 mos): | 13 |
Avg Sold Price: | $653,533 |
Sold Listings (last 6 mos): | 26 |
Avg Sold Price: | $634,600 |
Sold Listings (last 12 mos): | 53 |
Avg Sold Price: | $626,326 |
Info About Mesa
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.
Read More......Read Less
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
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’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.
Mesa Homes for Sale
Be the First to See New Listings
No pressure. Unsubscribe anytime. I hate spam too, so you can trust that I'll safeguard your information.
Mesa Market Report
Current as of 2.7.2025 | Listings | Avg Price | Price/Sqft | DOM | Low Price | High Price | order_column |
---|---|---|---|---|---|---|---|
Active | 1,022 | 642,841 | 285 | 72 | 150,000 | 7,999,950 | 1 |
Under Contract | 511 | 611,661 | 282 | 70 | 200,000 | 4,500,000 | 2 |
Coming Soon | 61 | 691,793 | 293 | 0 | 329,000 | 1,899,999 | 3 |
Sold as of 2.7.2025 | Listings | Avg Price | YOY | Price per Sqft | DOM | Sold Price to List Price | Sold Price to Orig List Price | Low Price | High Price |
---|---|---|---|---|---|---|---|---|---|
Past 6 mos | 2,020 | 561,709 | 0.0 | 275 | 47 | 98 | 96 | 190,000 | 2,850,000 |
Past 12 mos | 4,639 | 562,640 | 0.0 | 275 | 44 | 98 | 96 | 190,000 | 5,100,000 |
2025 | 359 | 547,464 | -2.7 | 271 | 57 | 98 | 96 | 190,000 | 1,875,000 |
2024 | 4,621 | 562,741 | 5.3 | 276 | 43 | 99 | 97 | 208,100 | 5,100,000 |
2023 | 4,715 | 534,626 | -1.6 | 263 | 52 | 99 | 96 | 90,000 | 6,000,000 |
2022 | 5,864 | 543,176 | 15.7 | 275 | 27 | 100 | 99 | 145,000 | 3,751,000 |
2021 | 7,489 | 469,277 | 25.3 | 234 | 18 | 102 | 102 | 89,000 | 3,800,000 |
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.
Current as of 2.7.2025 | Listings | Avg Price | Price/Sqft | DOM | Low Price | High Price | order_column |
---|---|---|---|---|---|---|---|
Active | 344 | 329,073 | 273 | 68 | 1 | 750,000 | 1 |
Under Contract | 103 | 326,402 | 271 | 58 | 200,000 | 600,000 | 2 |
Coming Soon | 8 | 342,463 | 281 | 0 | 259,000 | 389,900 | 3 |
Sold as of 2.7.2025 | Listings | Avg Price | YOY | Price per Sqft | DOM | Sold Price to List Price | Sold Price to Orig List Price | Low Price | High Price |
---|---|---|---|---|---|---|---|---|---|
Past 6 mos | 511 | 314,592 | 0.0 | 267 | 55 | 98 | 96 | 160,000 | 865,000 |
Past 12 mos | 1,153 | 315,404 | 0.0 | 268 | 48 | 98 | 96 | 160,000 | 865,000 |
2025 | 94 | 312,298 | -1.2 | 268 | 53 | 99 | 97 | 167,000 | 665,000 |
2024 | 1,143 | 316,027 | 2.9 | 268 | 47 | 98 | 96 | 147,500 | 865,000 |
2023 | 1,187 | 307,076 | -3.6 | 260 | 41 | 98 | 96 | 100,000 | 650,000 |
2022 | 1,510 | 318,690 | 21.7 | 274 | 22 | 101 | 100 | 123,600 | 880,000 |
2021 | 1,949 | 261,803 | 23.3 | 222 | 16 | 102 | 102 | 83,000 | 980,000 |
An In-Depth Look at Mesa Condos
The condo/townhome market in Mesa presents an intriguing landscape, characterized by significant fluctuations in inventory and pricing dynamics.
Over the past three months, the number of active listings has risen from 306 to 344, indicating a healthy influx of available properties. This increase in inventory can provide buyers with more options and greater leverage in negotiations. However, during the same period, the average sold price has slightly adjusted to $310,490, suggesting sellers may need to be more competitive in their pricing strategies to align with market conditions.
As sales activity picks up, the Days on Market (DOM) has decreased significantly to an average of 68 days—down from 95 days three months ago. This reduction suggests that properties are moving more quickly, indicating heightened buyer interest, possibly influenced by historically low interest rates that encourage home purchases.
In terms of Months of Inventory, there is currently an inventory level of 5.7 months, which typically signals a balanced market. Buyers have the opportunity to explore multiple options, while sellers may need to be attentive to their listing strategies to attract potential buyers in a market where choices are abundant. The ratio of sold prices to original list prices stands at around 97%, reflecting a stable selling environment where homes are selling close to their asking prices, which can be reassuring for sellers looking to price their homes competitively.
Moreover, while it seems that the market is favoring buyers slightly with increased inventory, the quicker sales and modest price stability indicate opportunities for both parties. Well-positioned homes may still command strong interest, especially if they are priced correctly from the outset. As the market evolves, it's essential for both buyers and sellers to monitor these trends to navigate their respective strategies effectively.
In conclusion, the condo/townhome market in Mesa offers nuanced opportunities that reflect a balance of inventory growth and stabilizing prices, suggesting it's an optimal time for both buyers looking to find their next home and sellers seeking advantageous sales conditions.
Current as of 2.7.2025 | Listings | Avg Price | Price / Acre | Price / Sqft | DOM | Low Price | High Price | order_column |
---|---|---|---|---|---|---|---|---|
Active | 43 | 777,148 | 844,263 | 19 | 238 | 1 | 7,000,000 | 1 |
Under Contract | 13 | 675,065 | 653,333 | 15 | 210 | 89,000 | 3,150,000 | 2 |
Coming Soon | 1 | 131,900 | 0 | 0 | 0 | 131,900 | 131,900 | 3 |
Sold as of 2.7.2025 | Listings | Avg Price | Price per Acre | Price per Sqft | YOY | DOM | Sold Price to List Price | Sold Price to Orig List Price | Low Price | High Price |
---|---|---|---|---|---|---|---|---|---|---|
Past 6 mos | 28 | 405,404 | 661,436 | 15 | 0.0 | 118 | 95 | 92 | 46,000 | 1,750,000 |
Past 12 mos | 67 | 354,501 | 713,111 | 16 | 0.0 | 109 | 95 | 94 | 46,000 | 1,750,000 |
2025 | 5 | 385,400 | 1,002,457 | 23 | 55.2 | 205 | 97 | 89 | 145,000 | 625,000 |
2024 | 70 | 341,015 | 646,022 | 15 | -6.9 | 100 | 94 | 94 | 4,000 | 1,750,000 |
2023 | 81 | 321,683 | 693,644 | 16 | 37.7 | 76 | 95 | 94 | 2,200 | 2,158,995 |
2022 | 95 | 353,019 | 503,862 | 12 | -7.0 | 160 | 96 | 91 | 3,000 | 2,500,000 |
2021 | 132 | 398,392 | 541,563 | 12 | 64.4 | 161 | 95 | 95 | 12,000 | 6,650,000 |
An In-Depth Look at Mesa Land
The Land market in Mesa has undergone significant adjustments, influencing how buyers and sellers engage with the market. Currently, there are 43 active listings, down from 53 just three months ago, revealing a subtle shrinking of available options. This reduction in active listings could suggest an equilibrium that may lead to a more competitive space for buyers.
Regarding pricing, the average sold price has seen a substantial drop to $385,400 from $471,250 over the same period. This shift appears to highlight decreased buyer purchasing power or heightened cautiousness in a potentially fluctuating economic environment. In fact, compared to six months ago, the average sold price reflects an even greater decline from $337,750 as the market experienced variations in demand dynamics.
Another critical metric, the Days on Market (DOM), illustrates a slower pace of sales, especially when considered against the average DOM of 68 days for sold properties three months ago. The current average of 238 days for active listings emphasizes that homes are taking significantly longer to sell. This could suggest that buyers may be exerting more negotiation power, allowing them to pressure sellers into more favorable pricing.
Moreover, the months of inventory currently sit at 9.4 months, signaling a market where supply is gradually meeting demand. A generally higher months of inventory represents a balanced market dynamic. This scenario requires sellers to be more strategic in their pricing to attract genuine interest.
To navigate this evolving landscape effectively, sellers may need to be more flexible with their pricing strategies to enhance their competitive edge, especially given the notable decline in sold prices. Buyers, on the other hand, might find this an opportune moment to negotiate as the dynamics shift favorably for those looking for potential discounts on properties that stay on the market for extended periods. Understanding these trends will better prepare both parties for their respective strategies in the Mesa land market.
Current as of 2.7.2025 | Listings | Avg Price | Price per Unit | Price per Sqft | Rent per Unit | DOM | Low Price | High Price | order_column |
---|---|---|---|---|---|---|---|---|---|
Active | 15 | 2,112,300 | 234,517 | 373 | 1,011 | 234 | 355,000 | 16,500,000 | 1 |
Under Contract | 9 | 597,661 | 204,969 | 227 | 1,058 | 104 | 299,950 | 1,089,000 | 2 |
Coming Soon | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
Sold as of 2.7.2025 | Listings | Avg Price | YOY | Price per Unit | Price per Sqft | Rent per Unit | DOM | Sold Price to List Price | Sold Price to Orig List Price | Low Price | High Price |
---|---|---|---|---|---|---|---|---|---|---|---|
Past 6 mos | 26 | 634,600 | 0.0 | 204,583 | 205 | 894 | 40 | 97 | 94 | 300,000 | 1,400,000 |
Past 12 mos | 53 | 626,325 | 0.0 | 207,052 | 224 | 965 | 42 | 97 | 94 | 300,000 | 1,600,000 |
2025 | 6 | 702,583 | -0.7 | 206,042 | 217 | 1,256 | 11 | 99 | 99 | 340,000 | 1,400,000 |
2024 | 48 | 634,663 | 10.1 | 207,438 | 226 | 974 | 39 | 97 | 94 | 300,000 | 1,600,000 |
2023 | 56 | 783,593 | -2.8 | 188,421 | 286 | 939 | 52 | 96 | 93 | 290,000 | 5,880,000 |
2022 | 91 | 716,444 | 22.2 | 193,904 | 251 | 1,009 | 28 | 98 | 97 | 100 | 5,000,000 |
2021 | 128 | 550,217 | 29.8 | 158,735 | 1,083 | 806 | 20 | 100 | 100 | 255,000 | 2,400,000 |
An In-Depth Look at Mesa Multifamily Dwellings
The Multifamily market in Mesa is currently experiencing some noteworthy fluctuations that stakeholders should consider. The most recent data shows that average sold prices have increased to approximately $767,100, up from $726,200 just three months ago. This 5.3% rise may signify increased competition or buyer confidence in the market. Notably, sold prices have more than doubled compared to figures from a year ago, where the average was significantly lower at $555,933.
Days on Market (DOM) have dramatically dropped to an average of 8 days, down from 25 days three months prior. This suggests a significant acceleration in sales activity as properties move quickly through the market. A decreasing DOM typically indicates that buyers are not just browsing but are ready to make offers, which is a positive sign for sellers looking to capitalize on strong demand.
However, despite these encouraging sales trends, the months of inventory have expanded to 5.8 from 3.6 just three months ago. This increase signals a shift toward balance in the market, as it would take over five months to sell the current inventory at the recent sales pace. While more inventory could imply a cooler market, it still remains below the 6-month threshold that typically aligns with a buyer's market.
The relationship between price per square foot and the other metrics offers additional insights. Currently, the average price per square foot for sold properties stands at $218, reflecting a steady increase compared to previous months. When combined with the decline in DOM, it becomes evident that homes are appreciating even with a growing inventory.
Ultimately, both buyers and sellers will need to adapt to these changing dynamics. Sellers may want to prioritize speed over list price, given the rapid sales environment indicated by DOM trends, while buyers may need to act quickly to secure listings before competition drives prices higher.


Brian Adamski, Realtor
Honest and Trustworthy
Skilled Negotiator
480-405-1265

🏠
Buying and Selling Guides
Summer 2024
EDITIONS
Things To Consider When
Selling a Home