Is The Mesa, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, The Mesa was a Seller's Market.
Housing Prices in The Mesa, NV
How much do homes in The Mesa, NV cost?
Median Sold Price
$725,000
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in The Mesa was $725,000 in May 2024, up 0.7% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $570K | $545K | -4.4% |
3 Bedrooms | $631K | $612K | -3.0% |
4 Bedrooms | $727.5K | $776.2K | +6.7% |
5+ Bedrooms | $1.3M | $896K | -32.0% |
Summary: The Mesa housing prices by bedroom type for May 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 decreased by 3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 32%.
Median Sold Price Compared To Nearby Neighborhoods
Siena | $600K | $610K | +1.7% |
The Mesa | $720K | $725K | +0.7% |
Spring Valley | $405.5K | $400K | -1.3% |
Housing Supply in The Mesa, NV
How many homes are available in The Mesa, NV?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 30 | 0.0% |
Summary: The The Mesa real estate market had 30 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 12 | 10 | -16.7% |
4 Bedrooms | 15 | 12 | -20.0% |
5+ Bedrooms | 2 | 7 | +250.0% |
Summary: The The Mesa housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 250%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 2 | -83.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in The Mesa in May 2024, down by 83.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 9 Days | -72.9% |
Summary: Homes in The Mesa had an average of 9 days on market in May 2024, down by 72.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in The Mesa; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.