Mesa Real Estate 85201 Market Trends
85201 is a densely populated, urban zip code in Mesa, Arizona. The population in Mesa Real estate is racially diverse, younger, and about evenly divided between singles and married couples. The average house value here ($96,500) is lower than in the Phoenix-Mesa-Scottsdale metro area as a whole, so this could be a great place to look for housing bargains.
The median age here is 28.9. There are 25,091 men and 24,923 women. The median age for men is 28.4 while for women the median age is 29.5.
85201 Zip code is located in the Mountain time zone.
Mesa Real Estate Price Trends - Sold vs. Listed
The median list price in November for single family homes in Mesa is$165,000. The list prices increased by 5.97% from the previous month.
The price per square foot for listings in this area is $94.
The median sale price in August forsingle family homes is $75,900. The sale prices dropped by -10.7% from the previous month.
Market Inventory Trends
The number of active listings in Mesa increased by 15% from the previous month.
The median number of days active properties have been listed is 29. This is significantly shorter than the national average.
The number of sales in August dropped by 67.4% from the previous month.
Property Ownership
The percent of owner occupied properties in Mesa is 25.24% below the national average.
The percent of rental properties in Mesa is 26.44% above the national average which is typical for urban areas.
Statistics for Single Family and Condos 85201
For more information about Mesa AZ real estate, don’t hesitate to contact us. We’re happy to answer all questions.
This article is brought to you by Luxury Valley Homes Team. Happy Thanksgiving to you all!
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