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Saturday, November 23, 2024

Mesa home prices rise in May 2018

Re 13

The median sale price of a home sold in May 2018 in Mesa rose by $24,000 while total sales decreased by 14.2%, according to BlockShopper.com.

In May 2018, there were 736 homes sold, with a median sale price of $247,000 - a 10.8% increase over the $223,000 median sale price for the same period of the previous year. There were 858 homes sold in Mesa in May 2017.

The median sales tax in Mesa for the most recent year with available data, 2017, was $1,256, approximately 0.5% of the median home sale price for May 2018.

The following table compares Mesa to other Maricopa County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Uninc-85387/Surprise North1126-57.7%$287,735$286,577.500.4%
Litchfield Park (unincorporated) 5065-23.1%$276,450$258,0007.2%
Uninc-85383/Peoria North710-30%$275,000$264,425.504%
Goodyear180222-18.9%$263,950$245,0007.7%
Peoria350413-15.3%$259,950$242,5007.2%
Mesa736858-14.2%$247,000$223,00010.8%
Surprise360391-7.9%$244,950$225,0008.9%
Sun City West (unincorporated)99122-18.9%$244,000$216,75012.6%
Buckeye (unincorporated)1019-47.4%$238,500$237,0000.6%
Phoenix2,7333,242-15.7%$234,000$211,00010.9%
Avondale155174-10.9%$230,000$215,0007%

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