Summer Place is a distinct residential community in Mesa, Arizona, known for its well-established neighborhoods and suburban charm. Located in the eastern part of the city, it encompasses areas like Summer Place Village and Summer Place Terrace, a deed-restricted community managed by a homeowners association. The housing primarily consists of medium-sized single-family homes and apartment complexes, most built between 1970 and 1999.
Summer Place currently has 3 single family homes for sale with an average list price of $403,666.33 and 2 townhouses for sale with an average list price of $320,997.50. The average annual property tax for Summer Place is $1,103.38.
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Summer Place, i.e. what's hot and what's not.
See What's Hot & What's Not in Summer Place
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Summer Place, i.e. what's hot and what's not.
Market Trends
Summer Place home sales for the month of August decreased in volume by 50% when compared to last year, while the median sale price rose by 15.5% from $294,250 to $339,900. Townhouse sales decreased by 50%, while the median sale price rose by 15.5% from $294,250 to $339,900.
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23
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30
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| 2023 | 2024 | ||
| # of sales per year | |||
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$410,000
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$380,000
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| 2023 | 2024 | ||
| median sale price per year | |||
Median Sale Price for Summer Place
Number of Sales for Summer Place
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