Mesquite Real Estate Market Sees Sales Decline

The Mesquite market broke below its 12-month average sales volume this week as sales fell 8.1% to hit 125 homes sold over the last 30 days. On the other hand, close-by Dallas registered 917 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $144,999, down from last week's $148,700. In spite of the decrease in sales, a low two months of inventory signals that Mesquite is a definite seller's market.

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Demographic facts about Mesquite:

  • The affordability rating here is 60. (Scale: 1 = Worst, 100 = Best)
  • The area gets an average of 43.0 inches of rain each year. (U.S. average: 36.5)
  • The area's income per capita is $22,318.
  • The school rating is 63. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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