Arizona Homes 411 Blog: Mesa Luxury Real Estate Market Report - 3 Month Analysis of September through Novemeber 2011

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Mesa Luxury Real Estate Market Report - 3 Month Analysis of September through Novemeber 2011

Mesa Luxury Real Estate Market Analysis - Market Report for Mesa Luxury Homes

Looking at a 3 month history (September through November 2011), Luxury Homes in Mesa Arizona have been selling at a rate of 5.5 a month with the bulk of sales in the $500,000 to $599,999 price band. Glancing at the "Pending" sales, the same price band has increased by more than 100%, providing these all go to closing, making the $500,000 to $599,000 the hot Price Range in the Mesa High End Market.

And if you look at the Sales Price Percentage of List Price, the $500k - $599k price band leads the way at 96.9%. I do have to explain that the 100% listed in the $900,000 to $999,999 price band is deceiving due to that 1 sale previously listed in the $1M price range for over 615 days, then being reduced to $950k and receiving an accepted offer within 4 days.

Mesa Luxury Real Estate Market Report

For more information on Available Mesa Luxury Homes or High End Homes in Arizona, see the following links:

Mesa Luxury Homes
Arizona Luxury Homes

Contact me Today if you are interested in Buying or Selling a Luxury Home in Arizona or would like additional information on the current Arizona Real Estate market.

 

Comments

Hello Zenja, thanks for the statistical reports, they are always interesting to read the latest reports on other communities. This is a very good market report,  I hope your efforts bring you some business.

Posted by Kymberly Caldwell-Muniz /TCR Group, Fontana CA Realtor ((909) 973-0410 welovesouthridge.com) 6 months ago

Thank you Kymberly! I really appreciate the feedback. Happy Holidays to you and yours. :)

Posted by Zenja Darabnia ABR, CDPE, SFR, REALTOR® ~ Gilbert, Mesa, Chandler, Ahwatukee (Solutions Real Estate - www.arizonahomes411.com) 6 months ago

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