Real Estate Market Update for Mesa, AZ

Video: Real Estate Community Tour for Mesa, AZ

See Real estate community tour for Mesa, AZ
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 18% from one year earlier, and down 2% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold did not change ... reflecting virtually no change in the local inventory-turnover rate. The median sale price was 220-thousand dollars. The number of units sold increased 11% year-over-year, and decreased 6% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Mesa, AZ
Area Information for Mesa, AZ
  • Population: 472,642
  • Median Age: 35.84 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 3,443/sq mi
  • Population Change Since 2000: 18.1%
  • Closest Airport: Phoenix-mesa Gateway
  • Closest College: Northern Arizona University-east Valley
  • Closest Jr. College: Carrington College-mesa Campus
  • Median Household Income: $49,304
  • Annual Residential Turnover: 20%
  • Median Home Sales Price: $182,500
  • Closest Major Sports Team: Azl Athletics (r)
  • Change Avg. Household Income Since 2000: 21.25%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Mesa, AZ
Median Age: 35.84 Married: 38% Number of Households: 177,503 Households with Children: 51,681
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Mesa, AZ

      School Name Distance Type Grades School Rating Parent Rating
      Noah Webster Basic School 1.2 mi Public PRESCHOOL-6 4 0
      Jefferson Elementary School 1.3 mi Public K-6 2 0
      Wilson Elementary School 1.6 mi Public K-6 3 0
      Madison Elementary School 1.8 mi Public PRESCHOOL-6 2 0
      Superstition Springs Elementary School 1.8 mi Public K-6 4 0
      Great Hearts Academies - Arete Prep 1.9 mi Public 6-12 5 4
      Highland Jr High School 2.1 mi Public 7-8 4 0
      Franklin Junior High School 2.3 mi Public 7-8 5 0
      Franklin At Brimhall Elementary School 2.3 mi Public K-6 5 0
      Kaizen - Liberty Arts Academy 2.6 mi Public K-8 2 0
      Fremont Junior High School 2.7 mi Public 7-8 4 2
      Boulder Creek Elementary School 2.8 mi Public PRESCHOOL-6 3 2
      Mesa Academy For Advanced Studies 2.9 mi Public 4-8 5 0
      Shepherd Junior High School 2.9 mi Public 7-8 4 0
      Red Mountain High School 2.9 mi Public 9-12 4 3
      Learning Foundation And Performing Arts Alta Mesa 3.2 mi Public K-8 2 0
      O'connor Elementary School 3.5 mi Public PRESCHOOL-6 3 0
      Imagine East Mesa Elementary 3.5 mi Public K-6 3 0
      Imagine East Mesa Middle School 3.5 mi Public PRESCHOOL-8 3 0
      Augusta Ranch Elementary School 3.5 mi Public PRESCHOOL-6 4 0
      Falcon Hill Elementary School 3.6 mi Public PRESCHOOL-6 3 0
      Mendoza Elementary School 3.7 mi Public K-6 3 0
      Johnson Elementary School 3.7 mi Public PRESCHOOL-6 4 4
      Hillcrest Academy 3.7 mi Public K-8 2 0
      Faith Christian School 3.8 mi Private K-12 0 0
      Canyon Rim Elementary School 3.9 mi Public PRESCHOOL-6 4 0
      Skyline High School 3.9 mi Public 9-12 3 3
      Entz Elementary School 4.2 mi Public K-6 4 0
      Arizona Agribusiness & Equine Center - Red Mountain 4.2 mi Public 9-12 5 3
      Taft Elementary School 4.2 mi Public K-6 3 0
      Desert Ridge High School 4.2 mi Public 9-12 4 4
      Desert Ridge Jr. High School 4.3 mi Public 7-8 4 0
      Bush Elementary School 4.3 mi Public K-6 4 0
      Cambridge Academy East 4.3 mi Public K-6 4 0
      Irving Elementary School 4.4 mi Public PRESCHOOL-6 3 0
      Leading Edge Academy At East Mesa 4.4 mi Public K-6 4 0
      Patterson Elementary School 4.5 mi Public K-6 3 0
      Taylor Junior High School 4.6 mi Public 7-8 2 0
      Self Development Academy 4.7 mi Public K-8 5 0
      Smith Junior High School 4.7 mi Public 7-8 2 0
      Zaharis Elementary School 4.9 mi Public K-6 4 0
      Montessori Education Centre Charter School - Mesa 5.0 mi Public PRESCHOOL-6 4 0
      Edkey - Pathfinder Academy 5.1 mi Public K-8 5 0
      Sun Valley High School 5.1 mi Public 9-12 1 3
      Porter Elementary School 5.1 mi Public PRESCHOOL-6 2 0
      Highland Elementary School 5.4 mi Public K-6 4 0
      Las Sendas Elementary School 5.4 mi Public K-6 5 0
      Robson Elementary School 5.8 mi Public K-6 2 3
      Brinton Elementary School 5.8 mi Public K-6 3 0
      Sousa Elementary School 5.9 mi Public K-6 3 0
      Mountain View High School 6.0 mi Public 9-12 4 4
      Poston Junior High School 6.0 mi Public 7-8 2 0
      Asu Preparatory Academy - Polytechnic Elementary 6.1 mi Public PRESCHOOL-8 5 0
      Red Mountain Ranch Elementary School 6.1 mi Public K-6 3 0
      Meridian 6.1 mi Public PRESCHOOL-6 4 0
      Field Elementary School 6.1 mi Public K-6 2 0
      Asu Preparatory Academy - Polytechnic High School 6.3 mi Public 9-12 0 3
      Basis Mesa 6.3 mi Public 5-10 5 3
      Edkey - Sequoia Choice Arizona Distance Learning School 6.3 mi Public K-12 3 0
      Stapley Junior High School 6.4 mi Public 7-8 4 0
      Mesa High School 6.5 mi Public 9-12 3 4
      Montessori Education Centre Charter School - North 6.5 mi Public PRESCHOOL-6 4 0
      Franklin Elementary School 6.5 mi Public K-6 5 0
      Asu Preparatory Academy - Phoenix University Public School 6.5 mi Public K-8 2 0
      Hale Elementary School 6.5 mi Public K-6 4 0
      Ishikawa Elementary School 6.6 mi Public K-6 4 0
      Harris Elementary School 6.6 mi Public K-6 2 0
      Academy With Community Partners 6.7 mi Public 9-12 1 3
      East Valley Academy 6.9 mi Public K-6 0 0
      Hawthorne Elementary School 7.0 mi Public PRESCHOOL-6 2 0
      Hermosa Vista Elementary School 7.3 mi Public PRESCHOOL-6 4 0
      Lowell Elementary School 7.4 mi Public K-6 1 0
      Learning Foundation - Stapley 7.5 mi Public K-6 3 0
      Macarthur Elementary School 7.5 mi Public K-6 4 0
      Edkey - Redwood Elementary Academy 7.6 mi Public K-8 3 0
      Edkey - Sequoia Secondary Charter School 7.6 mi Public 7-12 1 3
      Kino Junior High School 8.0 mi Public 7-8 1 0
      New Horizon School For The Performing Arts 8.1 mi Public K-6 1 0
      Burke Basic School 8.3 mi Public K-6 2 0
      Franklin West Elementary School 8.5 mi Public K-6 4 0
      Heritage Academy - Mesa Campus 8.7 mi Public 7-12 5 4
      Heritage Academy Queen Creek - Gateway Campus 8.7 mi Public 7-12 0 2
      Mesa Arts Academy 8.9 mi Public K-8 3 0
      Kerr Elementary School 9.0 mi Public K-6 1 0
      Mesa Distance Learning Program 9.4 mi Public 7-12 3 0
      Concordia Charter School 9.4 mi Public K-6 1 0
      Whitman Elementary School 9.5 mi Public PRESCHOOL-6 2 0
      East Valley Academy 9.6 mi Public 9-12 0 0
      Crismon Elementary School 9.9 mi Public PRESCHOOL-6 3 0
      Emerson Elementary School 9.9 mi Public K-6 2 0
      Carson Junior High School 10.0 mi Public 7-8 1 0
      Westwood High School 10.0 mi Public 9-12 2 3
      Franklin At Alma Elementary 10.5 mi Public K-6 5 0
      Eagleridge Enrichment Program 10.5 mi Public K-8 4 0
      Dobson High School 10.6 mi Public 9-12 2 3
      Evit - East Valley Institute Of Technology 10.6 mi Public 11-12 0 4
      Whittier Elementary School 10.8 mi Public PRESCHOOL-6 3 0
      Rhodes Junior High School 10.8 mi Public 7-8 2 0
      Roosevelt Elementary School 11.4 mi Public PRESCHOOL-6 2 0
      Washington Elementary School 11.4 mi Public K-6 3 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Mesa, AZ
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.