Home prices steady as Mesa outpaces the nation in sales

Home sales in the Greater Phoenix housing market — including Mesa — continue to outperform national trends as prices remain steady, affordability improves and buyer activity shows signs of stabilizing.

Closed sales increased 4.8% in Mesa for the first half of 2026 compared to last year, and the number of days on the market declined 1.5% to 65. The median sale price held mostly flat, just down 0.6% to $486,250. New listings in the city declined by 4.7%, and pending sales dropped by 2.3%, according to data from Phoenix Realtors.

Greater Phoenix more than doubled the national growth rate for single-family residential home sales in June compared to the same month last year. Closed sales rose 8.1% locally while increasing only 3.2% nationally, according to data from Phoenix Realtors.

Comparing the first half of 2026 to 2025, closed deals rose 5.4%. At the same time, the median price of a single-family home essentially held steady at $485,000, ticking up just 0.2% from last year’s $484,000. Phoenix’s median single family home price sits well above the national average of $429,300.

“There’s a difference between how people believe the real estate market is moving and what the data is showing,” said Sammy Glassman, board president of Phoenix Realtors. “Home sales were very strong in June, and even the pending sales slight decline was significantly smaller than what we’ve seen in previous months.”

Phoenix Realtors has more than 10,000 members. It offers many resources, including a clearinghouse of up-to-date research, statistics and data, as well as insights into marketplace trends. Go to https://www.phoenixrealtors.com.