Real Estate News and Advice
November 19, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.


Market Conditions Summary for Mesa, Arizona


Reported by
~ Dreamcatcher Broker: Randy Hooker ~
as of 11/19/2008:
October statistics just revealed that nearly half of the Valley (metro Phoenix) homes resold in October were foreclosure (bank owned) properties. As a result, median home prices continued to fall, while sales continued to rise! In the... MORE->
About ~ Dreamcatcher Broker: Randy Hooker ~

Reported by

Bob Stahl
as of 11/19/2008:
In Mesa, the median sales price of single-family homes decreased 3.99% to $171,925 in July compared to June. That's 29% lower than the median sales price in July, 2007. The number of homes resold was up 7.4% over June and 68% over July, 2007. That's... MORE->
About Bob Stahl

Reported by

Kent Gagon
as of 11/19/2008:
Are you interested in buying foreclosure homes from the Trustee Auctions? Call me today for detailed information on how to do this! 602-980-5368."IT IS ONLY A BUYERS MARKET IF YOU BUY!" Call me for a list of homes going to Trustee Auction this... MORE->
About Kent Gagon
Watch one of my Television commercials.

Reported by

Patricia Hill, E-Pro (480)632-5959
as of 11/19/2008:
Here are the Latest Statistics for the Mesa Market: Currently there are 4377 homes for sale in the Mesa market with 424(9.6%) homes sold in the last month. Average sales price for homes is $191,673...... Call me for a custom home search of Bank... MORE->
About Patricia Hill, E-Pro (480)632-5959

Reported by

Bruce The Moose Fraser
as of 11/19/2008:
November should be a good month for buyer's in Mesa. Witht he number of foreclosure's throughout the city, the overall pricing is down to the 2003/2004 level. Also, with the opening of the Northeast section of the 202, people are looking at the East... MORE->
About Bruce The Moose Fraser

Reported by

Ron Wilczek
as of 11/19/2008:
SEE EVERYTHING YOU NEED TO KNOW -- CLICK ON "MORE ->"... ALL THE CURRENT FACTS ARE HERE. NOTE: NOVEMBER 2008 in Mesa - 20+ months of sales data below will help you understand the market. For more information on how Foreclosures specifically affect... MORE->
About Ron Wilczek

Reported by

Bill Drummey, CRS, GRI, ABR, ASP, e-Pro
as of 11/18/2008:
Sales in Mesa were up 26% vs 2007 for October 2008 ( -13% YTD) as the market appears to be turning the corner! If you are "thinking" about buying a home now may be the perfect time with rates still at historical lows, prices are down and supply up.... MORE->
About Bill Drummey, CRS, GRI, ABR, ASP, e-Pro

Reported by
VIP Investor Network, LLC
as of 11/18/2008:
WELCOME TO MESA! We are currently experiencing a strong buyers market with prices trending downwards. The average price of a single family residence is approximately $200,000. BUT... VIP Investor Network Specializes in TRUE Wholesale... MORE->
About VIP Investor Network, LLC

Reported by

Gina McKinley, ABR, CRS
as of 11/18/2008:
July Residential Highlights We'll I must say that I am not too sure of how accurate July's closed sales are due changing to the new FLEX MLS system as there have been a few glitches. Y-T-D pjrices are down approximately 12%. Closed sales are... MORE->
About Gina McKinley, ABR, CRS

Reported by

Craig Peck, Broker Associate, ABR, CRS
as of 11/15/2008:
[Call Craig today for the best prices on currently listed homes 602-290-7090]. Mesa, Arizona, continues to experience a good real estate market. Additionally, the number of active unsold homes on the market has increased from last year at this time.... MORE->
About Craig Peck, Broker Associate, ABR, CRS

Reported by

Marcelle Dasgupta
as of 11/13/2008:
You can reach me at 480-203-9447or marcelledas@gmail.com.The Phoenix metro area is continuing to see strong employment and population growth. A vibrant economy, good business, climate and high standards of living continues to attract business, high... MORE->
About Marcelle Dasgupta

Reported by

John Fagundes
as of 11/11/2008:
WELOME TO Mesa !!!! Mesa is currently experiencing a buyers market with prices trending downward. Now is the time to get in on the good deals in Real Estate. The average price of a single family residence is approx $ 235,000. Please feel free to... MORE->
About John Fagundes

Reported by

Kristen VanArsdale
as of 11/10/2008:
A 3 bed, 2 bath home in Mesa, has an average sale price of $198,000. Please keep in mind that Mesa is a very large and varied city, for some parts of Mesa the sales price of homes is much lower or higher than the median sales... MORE->
About Kristen VanArsdale

Reported by

Kevin Beasley
as of 11/6/2008:
CALL KEVIN 24/7 AT 623-583-6346 OR 602-920-2201 SEARCH THE MLS, FIGURE YOUR MORTGAGE, ON MY WEBSITE www.KevinBeasleysellsHomes.com MORTGAGE BROKERS: TO LICENSE OR NOT TO LICENSE, THAT IS THE QUESTION It looks like the bill to... MORE->
About Kevin Beasley

Reported by

Jim & Vivien Biggs - 866.250.9595
as of 10/15/2008:
Call us locally at: 480.390.6562 or 602.615.9137! Ask for a FREE CUSTOM MLS search website! Higher than normal resale inventory in the market is providing a buying opportunity! Most months of 2008 have shown an increase in sales! Its a BUYERS... MORE->
About Jim & Vivien Biggs - 866.250.9595

Reported by

Jackie Dokos
as of 10/12/2008:
FREE Access to the MLS at www.JackieDokos.com or www.AZHome4me.com. Call 888-810-8330 and ask for their "Two Nights/Three Days Free Hotel Stay" special when you buy or sell a property through them. AUGUST 2008 STATISTICS Average Days... MORE->
About Jackie Dokos

Reported by

Kevin and Sharon The Rodgers Team 480.540.0194
as of 10/2/2008:
Our market is just returning to a Healthy Market and that will be a WIN- WIN for everyone. If a move is in your future it is important that you choose Real Estate Professionals that can keep you abreast of the market... MORE->
About Kevin and Sharon The Rodgers Team 480.540.0194

Reported by

Chris Varoga
as of 8/15/2008:
*****The Market Conditions Report For Arizona Is Now Available On Our Site At www.azhomestore.com - Stop By And Take A Look At The Results!***** We Have Also Created A Bank Foreclosure And Reo Page With Many Great Buys... If You Need More Info, Just... MORE->
About Chris Varoga

Reported by

Susan Kessler
as of 8/4/2008:
The average purchase price of a single family residence purchased in July was $213,000, which equals $116 per square foot, down to early '05 prices. Average price per square foot hit a high of $169 in March 06 and has declined 31% since then. Now... MORE->
About Susan Kessler

Reported by

Ben Leesons My Arizona Home Team
as of 7/17/2008:
There are currently 52,363 homes listed in Maricopa & Pinal Counties. Last month 5,751 houses sold in the same areas. This leaves an 9 month over supply. In Mesa alone, there are 2,601 homes currently listed while there have been 351 sales in the... MORE->
About Ben Leesons My Arizona Home Team

Reported by

Greg Sidoff
as of 6/25/2008:
Although the market has slowed down and leveled off now is the time to buy while rates are low. There are some great homes in Mesa that are priced to move. Currently there are 3318 single family detached homes for sale in Mesa for the month of June.... MORE->
About Greg Sidoff


Average Current Market Rating: 1.6    (21 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 1.8    (21 ratings)




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Falling

Rising

Navigate: Top > Arizona > Mesa
Dana Ranch - Las Sendas - Northeast Mesa


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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