Mesa Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $194,600
    3% ( $5,600 ) vs May 2013
  • Median Sales Price
    $167,750
    2% ( $3,750 ) vs May 2013
  • Median Foreclosure Sales Price
    $146,000
    2% ( $2,500 ) vs May 2013
  • Foreclosures 2,087
    Homes for Sale 1,852
    Recently Sold 7,981

Market Summary

There are currently 2,087 properties in Mesa, AZ that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 1,852.

In June, the number of properties that received a foreclosure filing in Mesa, AZ was 11% lower than the previous month and 36% lower than the same time last year.

Home sales for May 2014 were up 33% compared with the previous month, and up 20% compared with a year ago. The median sales price of a non-distressed home was $167,750. The median sales price of a foreclosure home was $146,000, or 13% lower than non-distressed home sales.

Sales Prices - Mesa, AZ




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$146,000 (Median Foreclosure Sales Price) $148,500 (Median Foreclosure Sales Price) $147,572 (Median Foreclosure Sales Price) $151,750 (Median Foreclosure Sales Price) $155,050 (Median Foreclosure Sales Price) $157,750 (Median Foreclosure Sales Price) $167,750 (Median Sales Price) $164,000 (Median Sales Price) $161,000 (Median Sales Price) $160,000 (Median Sales Price) $161,000 (Median Sales Price) $162,000 (Median Sales Price) $146,000 (Median Foreclosure Sales Price) $148,500 (Median Foreclosure Sales Price) $147,572 (Median Foreclosure Sales Price) $151,750 (Median Foreclosure Sales Price) $155,050 (Median Foreclosure Sales Price) $157,750 (Median Foreclosure Sales Price) $167,750 (Median Sales Price) $164,000 (Median Sales Price) $161,000 (Median Sales Price) $160,000 (Median Sales Price) $161,000 (Median Sales Price) $162,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Phoenix
2,622
16.1
% (y-o-y)
$166,000
7.1
% (y-o-y)
25.3%
25.7
% (y-o-y)
Scottsdale
799
28.1
% (y-o-y)
$388,000
4.9
% (y-o-y)
24.6%
23.0
% (y-o-y)
Chandler
565
10.2
% (y-o-y)
$229,000
4.6
% (y-o-y)
16.8%
18.9
% (y-o-y)
Gilbert
520
16.4
% (y-o-y)
$240,000
3.0
% (y-o-y)
12.5%
7.8
% (y-o-y)
Glendale
453
27.3
% (y-o-y)
$165,000
10.0
% (y-o-y)
18.8%
12.6
% (y-o-y)
Queen Creek
274
32.0
% (y-o-y)
$165,000
9.3
% (y-o-y)
4.8%
16.8
% (y-o-y)
Tempe
248
23.9
% (y-o-y)
$201,400
6.0
% (y-o-y)
25.6%
19.2
% (y-o-y)
Apache Junction
121
39.8
% (y-o-y)
$139,000
19.2
% (y-o-y)
16.7%
11.6
% (y-o-y)
Laveen
75
25.0
% (y-o-y)
$165,000
3.2
% (y-o-y)
5.4%
1.6
% (y-o-y)
Fountain Hills
72
41.5
% (y-o-y)
$316,500
0.8
% (y-o-y)
37.5%
11.8
% (y-o-y)

Local Info For Mesa

Population:
439,639
Cost of Living Index: 116.40
Crime Index: 96.01     Rating: B- View crime details
Schools: 130    Average School Rating: B- View individual school rating
Household Median Income: $50,079
Unemployment: 5.10%
Percentage of vacant homes: 14.47%