Mesa AZ Real Estate Housing Market Report - July 2021
After decreasing to an all-time low of 20 days on market in June, July saw an increase in the Mesa DOM to 22, and has now been hovering under 25 DOM for the last five months. This is extremely low, and means that homes in Mesa, AZ are selling very fast!
The lack of listings continues to drive demand and home prices higher. Median home values in Mesa have increased an average of 26.9% since July of 2020. With interest rates remaining near or below 3.0%, there still should be more buyers looking to purchase in Mesa throughout the rest of this year.
For more detailed stats on the Mesa Housing Market, just click on the image below. Then call/text me when you are ready to buy or sell your next home.
If you're thinking of selling, many buyers will be eager to find a home just like yours due to the low inventory of available homes for sale. Reach out to me today to make sure you can get your house in on the action.
If you're thinking of buying a home, more homes are being listed for sale, and interest rates remain at historically low rates. Being a trusted real estate professional, I can answer your questions and help you determine your next steps.