🌟🏡 Mesa's luxury market shines as a seller's haven with a 46% Sales Ratio in March 2024! Homes nearly hit their asking prices, selling at 99.32% of list. Discover more in our latest Mesa Luxury Market Report! 📈

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Jeremy Poehls - 480-MANSION (480.626.7466)
Real Broker LLC
[email protected]
www.mansionarizona.com

🌵 Welcome to the April Luxury Market Report for Mesa, Arizona. I’m Jeremy Poehls, your trusted Luxury Real Estate Professional, here to guide you through Mesa's thriving luxury real estate scene. This March, the Mesa market showcased its strength as a seller's market with an impressive 46% Sales Ratio. With a total of 200 properties listed and 92 homes sold, the most active price segment was the $1.1-1.5 million range, which not only saw the most sales but also held the highest inventory with 35 homes.

🏠 The market is buoyant, with total inventory up by 41% and sales increasing by 53% compared to last year, reflecting a robust demand for luxury homes in Mesa. Interestingly, the median sales price remained stable at $830,000, suggesting a steady market valuation over the past year. Days on Market decreased to 45 days from 54 last March, indicating that homes are moving faster as buyers quickly snap up available properties. The comparison to other areas like Scottsdale, where similar homes could command double the price, highlights Mesa's position as a more "affordable" luxury market, offering substantial value.

🔔 Mesa’s luxury market offers unique opportunities for discerning buyers looking for value and sellers seeking quick transactions at near-list prices. Don't miss out on exploring this dynamic market or the exquisite home tours we feature. Subscribe to our channel and hit the bell icon to stay updated with the latest trends and listings in Mesa’s luxury real estate! 🌟🏘️