• Monday’s Market Snapshot: The 85207 Housing Market

    March 23, 2009

    By: Ann Belfield

    March 23, 2009, Monday’s Market Snapshot, of the 85207 Housing Market, in Mesa, Arizona, Luxury Custom Homereveals there are presently 539 active listings, with an average median list price of $561,382. Since January 1, 2009, 126 homes were sold, the majority, 122, were under $1 Million, while 4 homes closed over $1 Million, with average sales price of $2,293,750. On average, homes that sold under $1M were on the market for 125 days, while those that sold over $1M were on the market for an average of 242 days.

    The table below presents an overall snapshot for Monday, March 23, 2009, of the active, pending and closed single-family homes in 85207, along with an overview of the active and closed homes under $1M and equal to or over $1M. For more information on the 85207 zip code area, or surrounding areas in Mesa, Gilbert, Queen Creek and Scottsdale, click here or search to start your home search in the Phoenix area click here

    Monday, March 23, 2009

    Snapshot:  The 85207 Single-Family Housing Market

    Eye On Az.com

    Home Status

    # of Listings

    Avg. List/Sold Price

    Avg. Approx Square

    Feet (SF)

    Avg. List or Sold Price/Approx SF

    Avg. Cumulative Days on Market

    Active

    539

    $561,382

    2,891

    $162.11

    172

    Pending

    88

    $252,986

    2,097

    $105.25

    132

    Closed

    126

    $312,844

    2,346

    $114.51

    128

    Homes Under $1M

    Active

    474

    $380,730

    2,524

    $140.21

    160

    Closed

    122

    $271,551

    2,220

    $108.35

    125

    Homes Equal to and Over $1M

    Active

    64

    $1,892,417

    5,653

    $328.70

    254

    Closed

    4

    $2,293,750

    6,136

    $299.29

    242

    Source:  ARMLS.Flexmls.com 09 March 2009. Information deemed reliable, but not guaranteed.

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    Posted in: AZ Housing Market

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