East Mesa Real Estate Market Conditions & Reports, East Mesa Market Trends, Arizona

Market Commentary Provided by Echo Farrell
Mesa’s median price range for a single family dwelling is $200k, this draws in the first time home buyer. Clients find certain areas of Mesa to have the advantage of less taxes while filtering in the desired Gilbert School District. With Mesa’s close proximity to freeways, home buyers all willing to get more home for their money and travel a bit further to work.

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Echo Farrell
Farrell Fine Homes
Scottsdale, Arizona
480-227-7344
echo@azsonorahomes.com
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

Equal buyers and sellers

Average Time on Market

60-90 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$200,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 5-10%

Prices As % of Asking Price

90-95%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in East Mesa is

Seller Activity for the past 90 days in East Mesa is

Is Financing Available For Qualified Buyers in East Mesa?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Ellsworth & US 60

Reason to Buy/Sell

Other

Average Sold Price

$200,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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