Top Medium Teams in Mesa, Arizona – Ranked by Volume

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Rank – City VolumeTeam NameCompanyLocationVolumeProfile
1The Chandler Ocotillo GroupArizona PropertiesMesa, AZ$65,110,333View Profile

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2022 Market Summary

Mesa, Arizona started 2022 with a total of 338 single-family homes on the market, with a median home price of $512,905 and an average price per square foot of $272. By the end of the year, inventory had increased to 893 homes on the market (+164%), with a median home price of $489,000 (-4%) and an average price per square foot of $270 (+0%).

At the start of 2022, the median days on market (DOM) was 28 days – by the end of the year, median DOM had increased to 70 days.

Mesa started the year with 27% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 62% of Mesa homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Mesa started 2022 as a strong seller’s market, with an MAI score of 66; by the end of the year, the MAI had dropped to 35 – a slight seller’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

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State antitrust claims dismissed in buyer broker commission suit HW+

Sep 20, 2023By

Defendants in the Sitzer/Burnett class action lawsuit, which deals with buyer brokers’ commissions, are facing two fewer claims. On Monday, plaintiffs in the Sitzer/Burnett suit filed an unopposed motion for dismissal of the state law claims pled in their third amended complaint. Stephen R. Bough, a U.S. District Court Judge in Kansas City, issued a […]

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