What cash buyers have been doing here in the last 12 months.
Data last updated
In Mesa (85209), investors own about 615 tracked properties across 93 active buyers, with a median investor purchase price near $95,750,000. 72 were acquired in the last 12 months.
Volume fell to 72 investor purchases over the last 12 months from about 273, down some 74%. Negotiating leverage has shifted toward whoever is still buying.
The median investor-owned home was built around 2004. Just 3.5% was built before 1980, which keeps renovation scopes and disclosure burdens down.
Across 85209, 93 active buyers account for approximately 615 investor-held properties. Averaging below 0.8 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.
Investors here buy at a median of $95,750,000. With an average of $55,067,000, pricing is consistent across deals — few outliers in either direction.
Strategy here skews to buy & hold, which accounts for 60.8% of tracked deals. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.
Counts and prices here are drawn from recorded investor purchases in this ZIP code and refresh with new records. They are a record of past activity, not a forecast or investment advice.