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Mesa, AZ Market Snapshot: February 2026 Brings New Opportunities for Buyers and Sellers

Published on Sunday, February 1, 2026
Jeff Setlow
eXp Realty
Focus areas include Chandler, Gilbert, Gold Canyon, Mesa, Paradise Valley, Phoenix, Queen Creek, San Tan Valley, Scottsdale and Tempe, along with surrounding towns, communities and neighborhoods.
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Diving into Mesa, AZ real estate as February 2026 unfolds means taking in a wide landscape of trends and numbers. Have you wondered whether your next move should be to buy or sell, or if timing really gives you an advantage? With key shifts in market activity, February is shaping up to be a significant month. The Mesa, AZ housing market continues to surprise both new buyers and long term property owners with its resilience and opportunity.

This market snapshot is designed to demystify what to expect if you are seeking affordable homes in Mesa, AZ this February 2026 or aiming to maximize your investment returns. Both Mesa, AZ and February 2026 play compelling roles in shaping investment and lifestyle decisions for people at all stages of property ownership.

Inventory Growth and Market Activity in Mesa, AZ

February 2026 sees 1,472 active listings, marking a 6.2 percent month over month growth—a valuable sign for both buyers and sellers. More properties on the market often means more choice for those looking, but also more competition among sellers, potentially influencing pricing and negotiation strategies. Meanwhile, 434 new listings made their debut, up 12.5 percent month over month. This surge in new inventory means more options for buyers evaluating how to buy in Mesa, AZ and more sellers entering a broader playing field.

The median list price stands at $468,250, increasing only 0.3 percent over the previous month, indicating a stable pricing environment. For those asking is it a good time to buy in Mesa, AZ, a stable market with expanding choices can present favorable conditions. Properties averaged 69 days active before going under contract, a 16.9 percent uptick from the prior month, reflecting a slightly slower pace that empowers buyers but urges sellers to adopt strategic marketing. Mesa, AZ property inventory continues to offer room for negotiation.

Prices, Closings, and Why They Matter

Mesa, AZ posted a $455,000 median sold price for December 2025, up 1.11 percent month over month, backing up the case for solid buyer and seller engagement. The months of inventory rests at 3.02, a 5.6 percent month over month decrease but a 6 percent year over year rise, signaling balanced but slightly shifting territory—neither a pure buyer nor seller market. Why does this matter? For buyers, a moderate months-of-inventory minimizes bidding wars and presents various choices, while for sellers it means homes can still command nearly full price when marketed well.

The median sold-to-list price ratio is 98 percent, confirming sellers are achieving close to their asking price. With 488 closed sales and $252,727,936 in transaction volume last month, sellers who prepare and price well should still expect a willing pool of buyers. Buyers, meanwhile, are likely to negotiate on terms more than price. This equilibrium promotes fair outcomes and assures both parties their approach is grounded in current trends.

Pending and New Listings Spotlight for February 2026

The market reported 248 properties pending sale for December, with a median list price among these pending homes at $469,925—showing a 1.1 percent month over month growth. Pending sales spent a median of 50 days in RPR, up 13.6 percent. This gradual pace lets buyers move thoughtfully and gives sellers clear benchmarks on how to sell your house fast in Mesa, AZ by adjusting marketing strategies if needed.

Rental Listing Trends in Mesa, AZ

Rental opportunities remain robust in Mesa, AZ, with prices ranging from $1,550 to $3,750 per month for single family residences. Most active listings cluster near $1 per square foot monthly, while certain premium rentals approach $2 per square foot. Days on market for rentals vary widely, so consistent visibility and timely responses are key for landlords. Though aggregate rental averages are not published, this variety offers tenants meaningful choices and investors flexible entry points with up to date information. Mesa, AZ rental properties present options for short and long term plans.

Median Living Space and Closing Success

Homes in Mesa, AZ closed with a median living area of 1,694 square feet, showing reliable space for buyers. For those curious about affordable homes in Mesa, AZ this February 2026, newly listed homes and condos reflect a diverse spectrum in size and price. A median closed list to sale ratio of 97.99 percent and strong close rates demonstrates sellers maintain significant leverage. For buyers and investors alike, tracking these numbers answers the question: is it a good time to buy in Mesa, AZ?

  • Active listings: 1,472 (+6.2 percent)
  • New listings: 434 (+12.5 percent)
  • Median list price: $468,250 (+0.3 percent)
  • Median sold price: $455,000 (+1.11 percent)
  • Months inventory: 3.02 (-5.6 percent MoM, +6 percent YoY)
  • Pending listings: 248 (Median $469,925)
  • Closed sales: 488 (+15.9 percent)
  • Rental price range: $1,550–$3,750/mo

Plan With Confidence This February 2026

Get a clear plan from Jeff Setlow based on real activity in Mesa, AZ this February 2026. Reach out to discuss your best options, no matter your next move.

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Looking Ahead: Opportunity and Clarity

The path forward in Mesa, AZ is one of confidence and flexibility. With February 2026 offering marked growth in listings and a steady sold price environment, both buyers and sellers have reasons for optimism. Identifying property investment opportunities in Mesa, AZ can give you the edge you want in today’s fast evolving real estate landscape.

Whether you are buying, selling, or investing, backing your strategy with hard numbers and insight will always put you ahead. Jeff Setlow offers guidance at every turn to help you secure your ideal Mesa, AZ real estate outcome this February 2026 and beyond.

Jeff Setlow
Written by Jeff Setlow
eXp Realty
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