New construction community in Mesa, Arizona. 1 active listing · $450K – $450K · 1,404 – 1,404 sq ft.
New construction homes at University 202 by Risewell Homes in Mesa, Arizona range from $450K to $450K as of October 2026, with 1 active listing, based on ARMLS data.
Across the Phoenix metro, 67% of new-construction homes cut their price before selling, averaging a $27,581 reduction. 42% sold below their final list price, and the typical home took 47 days to go under contract.
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New homes at University 202 have a median asking price of $450K as of October 2026, or about $321 per square foot, with prices ranging from $450K to $450K across 1 active ARMLS listings.
There is 1 new construction home actively listed at University 202 in Mesa, AZ as of October 2026.
Across the Phoenix metro new-construction market, 67% of homes that sold cut their price before closing, averaging a $27,581 reduction, and 42% sold below their final list price. New construction is more negotiable than builder sales offices suggest.
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