mesa az market trends and updates 1-16-2012
DESCRIPTION
Whether you are looking to buy, sell or rent a home in Mesa, Az, it is important to know what is happening in your market. This publication has all the data you will need to keep an eye on the market trends and updates in the Mesa Az real estate market. See exactly what the Mesa market has done in the last 12 months and anticipate what is to come. It sumerizes average sales price, mean sales price, price per square foot, current inventory and much much more.TRANSCRIPT
MARKET UPDATESolutions Real Estate
· Current Real Estate Market Conditions for Single Family Homes· Trends in Pricing· Current Levels of Supply and Demand· Value Metrics
· Report for the week ofJanuary 16, 2012
· Presented by David DionSolutions Real Estatewww.SolutionsRealEstate.com - [email protected]
MESA, AZ
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2010 Altos Research LLC
Median List Price
Median Lot Size
24.3
Percent Relisted (reset DOM)
1714
2.0
12 %
Median Number of Bathrooms
148
Inventory of Properties Listed
$ 80
Percent Flip (price increased)
2.5 - 5.0 acres
Median House Size (sq ft)
$ 139,950
35 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Buyer's Advantage
≠
±+
±+
=
≠
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
11 283164
1222.0 27
3.0
57
117
3.0 360
124
53
45
2.5 - 5.0acres
33
$ 115,000
49
35
360
3.0
not available
342.0
1248 5.0 - 10acres
359
$ 70,000
3.0
230
2.5 - 5.0acres$ 169,900
4.0$ 334,900
18
41
1995
Inventory has been decreasing latelybut the Market Action Index is fallingalso. With days-on-market climbing,these are relatively negativeimplications for the market.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
359
1512
2.0
The median list price in MESA, AZ thisweek is $139,950. The 1438properties have been on the marketfor an average of 148 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZCity Overview
Least Expensive Listing
Average List Price
Average Age of Listing
1438
$ 4,600,000
$ 16,000
$ 200,896
23
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 2 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
City OverviewMESA, AZ
Monday January 16, 2012
Median PriceThe market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability ofthis trend.
90-day Average7-day Average
Quartile PricesPrices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift(up or down) in the Market Action Index before prices move from these current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 3 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
City OverviewMESA, AZ
Monday January 16, 2012
Price per Square FootThe market plateau is seen across the price and value. The price per square foot and median list price have both beenreasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves fromthese levels.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
90-day Average7-day Average
Page 4 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
City OverviewMESA, AZ
Monday January 16, 2012
Market Action IndexThe MESA market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market Action Indexstands this week at 24.27 so buyers should expect to find reasonable levels of selection.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly given the overall Market Action Index, all quartiles are in the Buyer's Market zone with several months ofinventory given the current rate of demand for homes in the quartile. Watch the quartile for changes before the overall marketshifts. Often one end of the market (e.g. the low end) will improve and signal a strengthening market before the whole groupchanges.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 5 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
City OverviewMESA, AZ
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 148 days. Half of the listings have come newly on the market in thepast 85 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 6 of 71
Single Family Homes in
Median List Price
Median Lot Size
25.6
Percent Relisted (reset DOM)
1606
2.0
12 %
Median Number of Bathrooms
207
Inventory of Properties Listed
$ 75
Percent Flip (price increased)
not available
Median House Size (sq ft)
$ 116,500
34 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Buyer's Advantage
±+
±+
±+
=
≠
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
18 23534
1322.0 27
2.0
6
108
3.0 34
248
5
5
not available
41
$ 103,450
5
3
34
3.0
not available
32.0
1160 not available
34
$ 74,950
4.0
341
not available$ 147,450
5.0$ 357,900
26
4
2023
The Market Action index has beentrending down lately, while days-on-market is climbing, providing mostlybearish signs for the market.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
34
1424
2.0
The median list price in MESA, AZ85205 this week is $116,500. The 136properties have been on the marketfor an average of 207 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZ 85205Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
136
$ 1,090,000
$ 35,000
$ 196,771
29
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 7 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85205
Monday January 16, 2012
Median PriceWe continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week.Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 8 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85205
Monday January 16, 2012
Price per Square FootThe market plateau is seen across the price and value. The price per square foot and median list price have both beenreasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves fromthese levels.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been relatively steady around these levels in recent weeks.
90-day Average7-day Average
Page 9 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85205
Monday January 16, 2012
Market Action IndexThe MESA, 85205 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market ActionIndex stands this week at 25.56 so buyers should expect to find reasonable levels of selection.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileThree of the four quartiles of this zip code are in the Buyer's Market zone with several months of inventory given the currentlevels of demand. Quartile 3 (the low-middle price group) is showing stronger demand than the others, a Seller's market.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 10 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85205
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 207 days. Half of the listings have come newly on the market in thepast 71 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 11 of 71
Single Family Homes in
Median List Price
Median Lot Size
22.3
Percent Relisted (reset DOM)
2369
2.0
11 %
Median Number of Bathrooms
207
Inventory of Properties Listed
$ 109
Percent Flip (price increased)
2.5 - 5.0 acres
Median House Size (sq ft)
$ 274,379
34 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Strong Buyer's
±+
±+
=
=
±+
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
8 34047
1722.0 11
3.0
10
224
3.0 56
147
2
4
1.0 - 2.5acres
14
$ 220,000
13
10
56
4.0
not available
33.0
1440 not available
56
$ 105,000
4.0
283
10 - 20 acres$ 333,300
4.0$ 572,500
11
4
2732
Days-on-market has been trending uprecently but the Market Action Indexand inventory levels are basically flatand not providing strong indicationsfor the market.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
56
2116
2.0
The median list price in MESA, AZ85207 this week is $274,379. The 224properties have been on the marketfor an average of 207 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZ 85207Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
224
$ 4,600,000
$ 25,000
$ 364,793
13
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 12 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85207
Monday January 16, 2012
Median PriceRecently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in theMarket Action Index before we see prices significantly move from these levels.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 13 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85207
Monday January 16, 2012
Price per Square FootThe value placed on homes seems to be trending up, despite the fact that prices in general have remained basically flat. Theseconditions can arise when inventory is light and a greater number of smaller homes have more influence on overall prices.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been relatively steady around these levels in recent weeks.
90-day Average7-day Average
Page 14 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85207
Monday January 16, 2012
Market Action IndexThe MESA, 85207 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 22.33. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileThree of the four quartiles of this zip code are in the Buyer's Market zone with several months of inventory given the currentlevels of demand. Quartile 1 (the highest price group) is showing stronger demand than the others, a Seller's market, as buyersseem to be placing emphasis on the premium homes.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 15 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85207
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 207 days. Half of the listings have come newly on the market in thepast 92 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 16 of 71
Single Family Homes in
Median List Price
Median Lot Size
16.7
Percent Relisted (reset DOM)
1430
2.0
37 %
Median Number of Bathrooms
234
Inventory of Properties Listed
$ 100
Percent Flip (price increased)
not available
Median House Size (sq ft)
$ 149,900
59 %
2.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Strong Buyer's
≠
±+
±+
=
=
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
16 33232
1172.0 20
2.0
0
217
2.0 24
84
3
0
not available
26
$ 114,500
0
2
25
3.0
not available
42.0
800 not available
24
$ 75,000
3.0
525
not available$ 210,500
4.0$ 374,950
17
0
1718
Inventory has been lightening latelyand the Market Action Index has beentrending up. Though days-on-marketis increasing, these are mildly positiveindications for the market.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
24
1320
1.5
The median list price in MESA, AZ85215 this week is $149,900. The 97properties have been on the marketfor an average of 234 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZ 85215Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
97
$ 999,000
$ 60,000
$ 205,388
21
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 17 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85215
Monday January 16, 2012
Median PriceWe continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Indexbefore we see prices move from these levels.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 18 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85215
Monday January 16, 2012
Price per Square FootThe market plateau is seen across the price and value. The price per square foot and median list price have both beenreasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves fromthese levels.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
90-day Average7-day Average
Page 19 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85215
Monday January 16, 2012
Market Action IndexThe MESA, 85215 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 16.73. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 20 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85215
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 234 days. Half of the listings have come newly on the market in thepast 92 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 21 of 71
Single Family Homes in
Median List Price
Median Lot Size
20.2
Percent Relisted (reset DOM)
1582
2.0
16 %
Median Number of Bathrooms
144
Inventory of Properties Listed
$ 87
Percent Flip (price increased)
not available
Median House Size (sq ft)
$ 139,900
45 %
2.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Strong Buyer's
±+
≠
±+
=
±+
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
26 41885
1682.0 33
2.0
6
143
2.0 35
141
2
5
not available
27
$ 124,900
1
4
35
2.0
not available
02.0
1264 not available
35
$ 95,000
2.0
123
not available$ 155,000
3.0$ 194,900
29
1
1704
Days-on-market has been trending uprecently but the Market Action Indexand inventory levels are basically flatand not providing strong indicationsfor the market.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
34
1484
2.0
The median list price in MESA, AZ85206 this week is $139,900. The 139properties have been on the marketfor an average of 144 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZ 85206Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
139
$ 950,000
$ 34,900
$ 151,500
26
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 22 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85206
Monday January 16, 2012
Median PriceAgain this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for atrough in prices.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 23 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85206
Monday January 16, 2012
Price per Square FootDespite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there's a portion of themarket being priced at a premium. You can investigate this condition in the quartile details.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been relatively steady around these levels in recent weeks.
90-day Average7-day Average
Page 24 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85206
Monday January 16, 2012
Market Action IndexThe MESA, 85206 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 20.22. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 25 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85206
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 144 days. Half of the listings have come newly on the market in thepast 85 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 26 of 71
Single Family Homes in
Median List Price
Median Lot Size
26.2
Percent Relisted (reset DOM)
1374
2.0
10 %
Median Number of Bathrooms
104
Inventory of Properties Listed
$ 68
Percent Flip (price increased)
not available
Median House Size (sq ft)
$ 99,850
32 %
2.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Buyer's Advantage
≠
±+
=
=
≠
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
26 21643
1032.0 20
2.0
3
130
3.0 46
67
11
5
not available
34
$ 84,900
5
4
46
2.0
not available
62.0
1168 not available
46
$ 44,950
3.0
118
not available$ 119,900
2.0$ 153,750
26
4
1460
Inventory has been decreasing latelybut the Market Action Index is fallingalso. With days-on-market climbing,these are relatively negativeimplications for the market.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
46
1345
2.0
The median list price in MESA, AZ85208 this week is $99,850. The 184properties have been on the marketfor an average of 104 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZ 85208Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
184
$ 395,000
$ 24,900
$ 103,398
26
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 27 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85208
Monday January 16, 2012
Median PriceWe continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Indexbefore we see prices move from these levels.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 28 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85208
Monday January 16, 2012
Price per Square FootThe value placed on homes seems to be trending up, despite the fact that prices in general have remained basically flat. Theseconditions can arise when inventory is light and a greater number of smaller homes have more influence on overall prices.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
90-day Average7-day Average
Page 29 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85208
Monday January 16, 2012
Market Action IndexThe MESA, 85208 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market ActionIndex stands this week at 26.21 so buyers should expect to find reasonable levels of selection.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 30 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85208
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 104 days. Half of the listings have come newly on the market in thepast 85 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 31 of 71
Single Family Homes in
Median List Price
Median Lot Size
22.7
Percent Relisted (reset DOM)
1769
2.0
5 %
Median Number of Bathrooms
88
Inventory of Properties Listed
$ 88
Percent Flip (price increased)
not available
Median House Size (sq ft)
$ 175,900
36 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Strong Buyer's
≠
≠
≠
=
=
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
11 22129
782.0 15
3.0
8
93
3.0 39
81
7
8
not available
12
$ 151,000
6
3
39
2.0
not available
72.0
1414 not available
39
$ 99,000
3.0
99
not available$ 208,900
3.0$ 272,200
13
7
1888
Inventory has been lightening latelyand the Market Action Index has beentrending up. Though days-on-marketis increasing, these are mildly positiveindications for the market.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
38
1691
2.0
The median list price in MESA, AZ85209 this week is $175,900. The 155properties have been on the marketfor an average of 88 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZ 85209Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
155
$ 414,900
$ 22,770
$ 182,779
14
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 32 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85209
Monday January 16, 2012
Median PricePrices in this zip code been on a downward trend recently and this week, while essentially flat, doesn't break us out of thatcycle. Watch the Market Action Index for any signs of demand increasing.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 33 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85209
Monday January 16, 2012
Price per Square FootThe market's light downward trends are shared across both price and value. People are recently placing less value on homes(you can see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index asa precursor to price and value changes, possibly as inflection points for good investment opportunities.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
90-day Average7-day Average
Page 34 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85209
Monday January 16, 2012
Market Action IndexThe MESA, 85209 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 22.66. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 35 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85209
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 88 days. Half of the listings have come newly on the market in thepast 71 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 36 of 71
Single Family Homes in
Median List Price
Median Lot Size
35.7
Percent Relisted (reset DOM)
1454
2.0
12 %
Median Number of Bathrooms
120
Inventory of Properties Listed
$ 68
Percent Flip (price increased)
not available
Median House Size (sq ft)
$ 97,250
19 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Seller's Advantage
≠
±+
=
=
≠
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
32 21906
1972.0 45
3.0
2
121
3.0 12
85
1
4
not available
57
$ 76,000
2
2
12
2.0
not available
12.0
1041 not available
12
$ 41,500
3.0
76
not available$ 112,000
4.0$ 161,450
35
2
1467
Inventory has been decreasing latelybut the Market Action Index is fallingalso. With days-on-market climbing,these are relatively negativeimplications for the market.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
12
1341
1.0
The median list price in MESA, AZ85210 this week is $97,250. The 48properties have been on the marketfor an average of 120 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZ 85210Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
48
$ 275,000
$ 26,900
$ 100,898
45
Trend Key:
In the last few weeks the market hasachieved a relative stasis point interms of sales to inventory.However, inventory is sufficientlylow to keep us in the Seller's Marketzone so watch changes in the MAI. Ifthe market heats up, prices arelikely to resume an upward climb.
Page 37 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85210
Monday January 16, 2012
Median PriceWe continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Indexbefore we see prices move from these levels.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 38 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85210
Monday January 16, 2012
Price per Square FootThe value placed on homes seems to be trending up, despite the fact that prices in general have remained basically flat. Theseconditions can arise when inventory is light and a greater number of smaller homes have more influence on overall prices.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
90-day Average7-day Average
Page 39 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85210
Monday January 16, 2012
Market Action IndexThe MESA, 85210 market is currently in the Seller's Advantage zone (greater than 30). The 90-day Market Action Index stands at35.73 which indicates that demand is strong and available supply of homes gets snapped up relatively quickly.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileThree of the four quartiles of this zip code are in the Seller's Market zone with relatively low amounts of inventory given thecurrent levels of demand. Quartile 3 (the lower-middle price group) however, is showing weaker demand than the others.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 40 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85210
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 120 days. Half of the listings have come newly on the market in thepast 82 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 41 of 71
Single Family Homes in
Median List Price
Median Lot Size
26.1
Percent Relisted (reset DOM)
1396
2.0
6 %
Median Number of Bathrooms
102
Inventory of Properties Listed
$ 55
Percent Flip (price increased)
5.0 - 10 acres
Median House Size (sq ft)
$ 75,800
29 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Buyer's Advantage
≠
±+
±+
=
=
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
26 12389
1142.0 43
2.5
3
100
3.0 13
73
5
1
not available
55
$ 69,000
2
0
13
2.0
5.0 - 10acres
22.0
1150 not available
13
$ 46,900
3.0
121
not available$ 89,000
4.0$ 150,100
41
2
1445
Inventory has been lightening latelyand the Market Action Index has beentrending up. Though days-on-marketis increasing, these are mildly positiveindications for the market.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
13
1360
1.5
The median list price in MESA, AZ85201 this week is $75,800. The 52properties have been on the marketfor an average of 102 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZ 85201Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
52
$ 495,000
$ 25,000
$ 106,484
38
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 42 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85201
Monday January 16, 2012
Median PriceRecently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in theMarket Action Index before we see prices significantly move from these levels.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 43 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85201
Monday January 16, 2012
Price per Square FootThe market plateau is seen across the price and value. The price per square foot and median list price have both beenreasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves fromthese levels.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
90-day Average7-day Average
Page 44 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85201
Monday January 16, 2012
Market Action IndexThe MESA, 85201 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market ActionIndex stands this week at 26.14 so buyers should expect to find reasonable levels of selection.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 45 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85201
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 102 days. Half of the listings have come newly on the market in thepast 78 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 46 of 71
Single Family Homes in
Median List Price
Median Lot Size
25.2
Percent Relisted (reset DOM)
2234
2.0
13 %
Median Number of Bathrooms
108
Inventory of Properties Listed
$ 77
Percent Flip (price increased)
not available
Median House Size (sq ft)
$ 180,000
33 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Buyer's Advantage
≠
=
±+
≠
=
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
4 23148
932.0 10
3.0
4
142
4.0 28
96
7
2
not available
11
$ 153,900
2
4
29
3.0
not available
43.0
1536 not available
28
$ 120,000
4.0
101
not available$ 199,800
4.0$ 258,900
6
5
2475
Inventory is tightening and days-on-market is falling. The Market ActionIndex shows demand heating up.These are relatively bullish signs forprices.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
28
2234
2.0
The median list price in MESA, AZ85212 this week is $180,000. The 113properties have been on the marketfor an average of 108 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZ 85212Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
113
$ 435,000
$ 49,900
$ 186,642
8
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 47 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85212
Monday January 16, 2012
Median PriceThe market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch theMarket Action Index to predict how long this trend will last.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 48 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85212
Monday January 16, 2012
Price per Square FootIn a market where prices are rising mildly, price per square foot is essentially flat. This often implies that new homes coming onthe market are pricier, and also larger than older homes. As a result the value one can buy stays the same.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
90-day Average7-day Average
Page 49 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85212
Monday January 16, 2012
Market Action IndexThe MESA, 85212 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market ActionIndex stands this week at 25.23 so buyers should expect to find reasonable levels of selection.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 50 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85212
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 108 days. Half of the listings have come newly on the market in thepast 78 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 51 of 71
Single Family Homes in
Median List Price
Median Lot Size
27.1
Percent Relisted (reset DOM)
1771
2.0
8 %
Median Number of Bathrooms
128
Inventory of Properties Listed
$ 73
Percent Flip (price increased)
2.5 - 5.0 acres
Median House Size (sq ft)
$ 128,800
24 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Buyer's Advantage
±+
≠
±+
=
=
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
34 12380
972.0 35
3.0
3
190
3.0 13
76
1
3
not available
36
$ 120,000
3
3
13
3.0
not available
22.0
1368 not available
13
$ 85,000
3.0
151
2.5 - 5.0acres$ 145,000
4.0$ 197,500
34
1
1854
Even though the days-on-market istrending higher, so is the MarketAction Index at these inventorylevels, providing a neutral outlook forthe market.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
12
1647
2.0
The median list price in MESA, AZ85202 this week is $128,800. The 51properties have been on the marketfor an average of 128 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZ 85202Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
51
$ 249,900
$ 24,900
$ 134,958
36
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 52 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85202
Monday January 16, 2012
Median PriceAgain this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for atrough in prices.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 53 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85202
Monday January 16, 2012
Price per Square FootDespite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there's a portion of themarket being priced at a premium. You can investigate this condition in the quartile details.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been relatively steady around these levels in recent weeks.
90-day Average7-day Average
Page 54 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85202
Monday January 16, 2012
Market Action IndexThe MESA, 85202 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market ActionIndex stands this week at 27.14 so buyers should expect to find reasonable levels of selection.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileThe lower end of this zip code are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. The high-end of the market is showing demand strength in the Seller's Market zone, while Quartiles 3 and 4 have aMarket Action Index below 30 (Buyer's Market).
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 55 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85202
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 128 days. Half of the listings have come newly on the market in thepast 78 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 56 of 71
Single Family Homes in
Median List Price
Median Lot Size
22.2
Percent Relisted (reset DOM)
2952
3.0
5 %
Median Number of Bathrooms
157
Inventory of Properties Listed
$ 93
Percent Flip (price increased)
1.0 - 2.5 acres
Median House Size (sq ft)
$ 285,000
43 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Strong Buyer's
≠
=
=
=
≠
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
10 15924
913.0 25
3.0
1
155
4.0 19
110
3
2
1.0 - 2.5acres
33
$ 194,500
4
2
19
5.5
not available
33.0
1552 not available
19
$ 113,900
5.0
273
not available$ 399,000
5.0$ 665,000
13
2
3664
Inventory has been decreasing latelybut the Market Action Index is fallingalso. With days-on-market climbing,these are relatively negativeimplications for the market.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
19
2578
2.0
The median list price in MESA, AZ85213 this week is $285,000. The 76properties have been on the marketfor an average of 157 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZ 85213Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
76
$ 2,800,000
$ 54,900
$ 411,663
23
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 57 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85213
Monday January 16, 2012
Median PriceThe market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch theMarket Action Index to predict how long this trend will last.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 58 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85213
Monday January 16, 2012
Price per Square FootThe price per square foot is increasing a bit recently and overall price trends haven't shown a consistent upwardly push. This canimply that investment conditions are opportunistic. Watch the Remodel Index for a more detailed analysis of the investmentopportunity in the area.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
90-day Average7-day Average
Page 59 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85213
Monday January 16, 2012
Market Action IndexThe MESA, 85213 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 22.21. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 60 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85213
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 157 days. Half of the listings have come newly on the market in thepast 85 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 61 of 71
Single Family Homes in
Median List Price
Median Lot Size
24.6
Percent Relisted (reset DOM)
1854
2.0
11 %
Median Number of Bathrooms
147
Inventory of Properties Listed
$ 69
Percent Flip (price increased)
not available
Median House Size (sq ft)
$ 119,950
34 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Buyer's Advantage
≠
±+
=
=
≠
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
32 13526
2052.0 35
3.0
2
120
3.0 19
101
2
2
not available
42
$ 107,900
3
0
19
3.0
not available
12.0
1433 not available
18
$ 65,000
4.0
161
not available$ 149,750
4.5$ 334,450
30
1
2034
Inventory has been decreasing latelybut the Market Action Index is fallingalso. With days-on-market climbing,these are relatively negativeimplications for the market.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
18
1579
2.0
The median list price in MESA, AZ85203 this week is $119,950. The 74properties have been on the marketfor an average of 147 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZ 85203Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
74
$ 800,000
$ 16,000
$ 172,718
35
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 62 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85203
Monday January 16, 2012
Median PriceRecently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in theMarket Action Index before we see prices significantly move from these levels.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 63 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85203
Monday January 16, 2012
Price per Square FootThe value placed on homes seems to be trending up, despite the fact that prices in general have remained basically flat. Theseconditions can arise when inventory is light and a greater number of smaller homes have more influence on overall prices.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
90-day Average7-day Average
Page 64 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85203
Monday January 16, 2012
Market Action IndexThe MESA, 85203 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market ActionIndex stands this week at 24.57 so buyers should expect to find reasonable levels of selection.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileThree of the four quartiles of this zip code are in the Buyer's Market zone with several months of inventory given the currentlevels of demand. Quartile 1 (the highest price group) is showing stronger demand than the others, a Seller's market, as buyersseem to be placing emphasis on the premium homes.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 65 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85203
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 147 days. Half of the listings have come newly on the market in thepast 78 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 66 of 71
Single Family Homes in
Median List Price
Median Lot Size
28.3
Percent Relisted (reset DOM)
1538
2.0
7 %
Median Number of Bathrooms
119
Inventory of Properties Listed
$ 62
Percent Flip (price increased)
not available
Median House Size (sq ft)
$ 90,000
24 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Buyer's Advantage
≠
=
=
=
±+
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
30 31763
1182.0 32
3.0
4
180
3.0 22
91
3
3
not available
40
$ 82,200
5
2
23
2.0
not available
52.0
1318 not available
22
$ 57,000
3.0
90
not available$ 99,900
4.0$ 152,450
31
3
1510
Inventory has been tightening anddays-on-market increasing recently.The Market Action Index has beenbasically flat, not providing strongindication for market conditions.
Monday January 16, 2012
David Dion | Solutions Real Estate | 480-332-5942 | www.
22
1433
2.0
The median list price in MESA, AZ85204 this week is $90,000. The 89properties have been on the marketfor an average of 119 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+
== ≠≠
≠=
MESA, AZ 85204Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
89
$ 644,900
$ 23,000
$ 108,489
34
Trend Key:
The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.
Page 67 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85204
Monday January 16, 2012
Median PriceDespite this week's down tic, price trends in this zip code have been moving up in the last few weeks. We are below themarket's high point, and we'll investigate the Market Action Index later on to see if we expect this week's blip to become adownward trend.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in allfour quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move fromthese current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 68 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85204
Monday January 16, 2012
Price per Square FootThe price per square foot is increasing a bit recently and overall price trends haven't shown a consistent upwardly push. This canimply that investment conditions are opportunistic. Watch the Remodel Index for a more detailed analysis of the investmentopportunity in the area.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
90-day Average7-day Average
Page 69 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85204
Monday January 16, 2012
Market Action IndexThe MESA, 85204 market is currently in the Buyer's Advantgae zone (below 30), though not strongly so. The 90-day Market ActionIndex stands this week at 28.31 so buyers should expect to find reasonable levels of selection.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileThe lower end of this zip code are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. The high-end of the market is showing demand strength in the Seller's Market zone, while Quartiles 3 and 4 have aMarket Action Index below 30 (Buyer's Market).
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 70 of 71
Single Family Homes in
David Dion | Solutions Real Estate | 480-332-5942 | www.
Neighborhood DetailMESA, AZ 85204
Monday January 16, 2012
Days on MarketThe properties have been on the market for an average of 119 days. Half of the listings have come newly on the market in thepast 71 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 71 of 71
Single Family Homes in