Welcome to Mesa, AZ
Along with being one of three oldest Arizona towns, Mesa is there third largest behind Phoenix & Tucson. Mesa is the largest suburb city in the USA with $519,000+ residents! Mesa was founded around agriculture, but has blossomed into a city with a wide variety of industries including Banner Health, Boeing, Drivetime, ZF Group, Able Aerospace, Fujifilm and more. Mesa has also opened its doors to top-rated education facilities like the prestigious ASU Polytechnic Campus, A.T. Still University, NAU satellite campus, Benedictine University, Upper Iowa University and Mesa Community College. Come live & thrive in Mesa!
MESA, ARIZONA LISTINGS
MESA, AZ MARKET
This week the median list price for Mesa, AZ is $493,000 with the market action index hovering around 39. This is less than last month’s market action index of 41. Inventory has increased to 1,203.
The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
MEDIAN LIST PRICE
AVG. PRICE PER SQ. FT.
Data as of 11-10-22 courtesy of ARMLS® and First American Title
WHAT YOU NEED TO KNOW
Mesa houses the largest relief airport in the Phoenix area, the Phoenix-Mesa Gateway Airport, which is among the fastest-growing airports in the nation and hosts a thriving place to teach aviation & air traffic control. Mesa recently constructed the Signal Butte Water Treatment plant to further the goal of meeting 90% of its water needs with surface water and conserving groundwater.
Things to do in Mesa, AZ
WHY CHOOSE MESA?
Mesa has a growing job market and with Falcon field and Boeing nestling in Mesa has become a home for the military and some of the best tech companies in the USA. Mesa has some great shopping and a very large community of artisans, top-of-the-line entertainment, and like so many Arizonans, the people of Mesa truly enjoy outdoor activities. Fortunately, there are abundant opportunities to golf, bike, hike, camp, boat, and fish all within 30-45 min away.