|
Based on MLS SOLD data comparisons of July 2010 versus a year ago July 2009, Mesa Real Estate Sales volume is DOWN 22%, average SOLD price is DOWN 1.6% while the average Days On Market to find a buyer has DECREASED from 107 days to 98 days.
The average sales price of Single Family Mesa AZ homes for sale in July 2010 as compared to the previous month is DOWN to $160,637 while the average sales price for Mesa Condos/ Lofts/Town homes for sale AZ is DOWN to $65,632.
Mesa Real Estate should be a Strong Seller's Market with a 5 month of supply of Mesa AZ homes for sale at the market at the current absorption rate and the days on market now at 3.3 months. As a result prices increased for detached and attached properties due to strong buyer demand.
Sellers of Mesa homes AZ should evaluate whether this is the best time to be on the market. If it is, make all repairs before you put your home on the market, get serious about staging your home and price your home aggressively to the market. By getting your home in top condition and staging your home for success will reduce your days on market and will fetch a higher sales price. Give the buyers what they want and everybody is a winner.
Mesa home buyers will find great Mesa Homes AZ buying opportunities and won't have trouble finding terrific home values! However, these values won't last forever. Keep returning to check the supply of AZ Mesa homes. The supply of Mesa AZ homes for sale is below 6 months, so you need to act quickly. When your perfect Mesa home becomes available, you have to be ready to act fast. When you are able to close quickly, I am can negotiate a lower sales price with the seller or bank and get agreement for them to pay your closing costs before more offers come in.
Mesa's future is going to be brighter because of the metro light rail extension. Mesa is sprucing up Main St. with new paving, sidewalks and landscaping. Apartments, strip malls and businesses are also polishing things up in anticipation of the new light rail running. Plans are in the works for a new, free downtown circulator bus system. Light-rail riders will have easy access to places like the Mesa Arts Center, Banner Health's office complex and Hohokam Stadium. Residents are hoping that the light rail will help their property values and generate interest in the area's 1950s ranch homes with generous lots.
|
Want to learn why Mesa is a great place to call home?
Contact me at 480-213-1799 or via email at Sam@SamElam.com |
Mesa Real Estate Market Statistics
Affecting Mesa AZ Homes for Sale in July 2010
Statistical Market Analysis
|
Active |
3,094 |
575,643,851 |
0 |
Low
Avg
High |
12,900
186,052
4,200,000 |
0
0
0 |
0.00
0.00
0.00 |
0
105
1,155 |
0
120
1,218 |
|
AWC-Seller Written Instructions |
393 |
52,613,313 |
0 |
Low
Avg
High |
16,000
133,876
1,200,000 |
0
0
0 |
0.00
0.00
0.00 |
7
135
900 |
6
141
900 |
|
AWC-Contingent Offers |
108 |
14,316,499 |
0 |
Low
Avg
High |
25,900
132,560
545,000 |
0
0
0 |
0.00
0.00
0.00 |
12
108
427 |
6
110
417 |
|
Pending |
857 |
130,113,378 |
0 |
Low
Avg
High |
19,900
151,824
1,695,000 |
0
0
0 |
0.00
0.00
0.00 |
0
68
986 |
0
87
1,008 |
|
Closed |
618 |
90,642,767 |
87,183,738 |
Low
Avg
High |
15,900
146,671
1,250,000 |
1
141,074
1,100,000 |
0.00
0.97
1.23 |
0
80
813 |
0
98
1,016 |
|
Versus
Mesa Real Estate Market Statistics for
Mesa Homes AZ Sold in July 2009
Statistical Market Analysis
|
Closed |
788 |
115,416,019 |
112,935,930 |
Low
Avg
High |
18,810
146,467
875,000 |
18,810
143,320
860,000 |
0.49
0.99
1.49 |
1
79
1,023 |
0
107
1,020 | |
Sam Elam
Mesa Real Estate Agent and Associate Broker
Full time Phoenix REALTOR® since 1990
ABR, CRS, GRI, e-PRO
Prudential Arizona Properties
3701 E. Baseline Road, Suite F-102, Gilbert, AZ 85234
(480) 213-1799 Cell
(480) 467-4900 Office
(800) 592-3360 Toll Free
 Email Sam your Mesa real estate questions for expert advice.
Prudential Arizona Properties serving:
• Chandler • Gilbert • Mesa • Fountain Hills • Cave Creek
• Phoenix - Biltmore • Scottsdale - Kierland • Scottsdale - Pinnacle Peak
|
