Is The Mesa, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Mesa is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, The Mesa was a Buyer's Market.

Key Takeaway

The Mesa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in The Mesa, NV

How much do homes in The Mesa, NV cost?

Median Sold Price

$830,000

$352/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$130,000(+18.6%)

Key Takeaway

Homes in The Mesa have sold for 18.6% more than they did a year ago.

Summary: The median home sold price in The Mesa was $830,000 in November 2024, up 18.6% from last year, and the median price per square foot was $352.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $570K$545K
-4.4%
3 $592K$660K
+11.5%
4 $717.5K$929K
+29.5%
5+ $853K$1.7M
+107.5%

Summary: The Mesa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 29.5%, and 5+ bedroom homes increased by 107.5%.

Median Sold Price Compared To Nearby Neighborhoods

The Mesa
+18.6%
Siena
+16.4%
Spring Valley
+6.2%

Housing Supply in The Mesa, NV

How many homes are available in The Mesa, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
41410.0%

Summary: The The Mesa real estate market had 41 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1314
+7.7%
4 1921
+10.5%
5+ 85
-37.5%

Summary: The The Mesa housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 37.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Mesa, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in The Mesa in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for The Mesa, NV

How long does it take to sell a home in The Mesa, NV?

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days31 Days-12.2%

Summary: Homes in The Mesa had an average of 31 days on market in Nov 2024, down by 12.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in The Mesa are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in The Mesa; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in The Mesa, NV

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