File ID: 10851 E Starkey Ave, Mesa, AZ 85212
Local Market Conditions: Summary The Local Market Conditions tables summarize trends and statistics in the local market: the area around the subject property that was searched for comps in the Sales Comparison Analysis. Results shown in this report are derived from a search of MLS records for 3 to 5 bedroom, 3 to 5 bathroom, 1,584 to 2,640 sq. ft., single family residence listings located within 0.8 miles of the subject property. Trend (span)
Sales Absorption Rate (sales/month) Total # of Active Listings (on last day) Months of Housing Supply
Last 7-12 Months (6-month period) 100 16.67 30 1.8
Median Comp Sales Price Median Comp Sales DOM Median Comp Listing Price Median Comp Listing DOM Median Sales Price as % of List Price
$247,029 127 $248,950 – 0.98%
Inventory Analysis
Comparable Properties in Local Market Count Range Average Median
Property Attributes Date Built Living Area (sq ft) Lot Size # Samples
Trend (span)
36% 36% 133% 370%
Last 4-6 Months (3-month period) 18 6 40 6.7
103% 94% 102% – 102%
$258,500 119 $254,999 – 1%
117% 117% 98% 84%
Last 3 Months (3-month period) 21 7 39 5.6
42% 42% 130% 310%
104% 45% 106% – 98%
$224,000 54 $270,000 – 0.98%
109% 43% 108% – 100%
Currently for Sale
Sales Within the Last 12 Months
39 $194,900 – $445,000 $291,310 $269,500
90 $156,500 – $425,000 $258,365 $245,000
Minimum
Maximum
Average
2001 1,398 3,840 189
2013 4,558 17,500 –
2007 2,567 7,830 –
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Trend (Total)
3/16/2014