Tempe Housing Market Update

Here you will find a graphical housing update for Tempe Arizona. This market update is provided from the local MLS (multiple listing service) so it comes from the source to insure the accuracy of the information.

If you have any question or would like to know more about any of this information please do not hesitate to contact me. You will find my number above.

Tempe Home Prices

  • 370778.15,372313.34,356544.31,365910.52,370167.66,376186.72,393548.61,423416.97,390590.71,374876.21,371843.52,375273.12
  • 267519.19,271460.08,277309.27,262591.63,282051.98,262587.62,275579.61,271339.84,281508.87,285494.03,273275.30,275760.92

Information is deemed to be reliable, but is not guaranteed. © 2017

Tempe Residential Inventory

  • 458,450,427,385,363,366,329,309,370,433,406,386
  • 195,172,163,160,154,143,228,212,231,229,236,244

Information is deemed to be reliable, but is not guaranteed. © 2017

How long homes are taking to sell.

  • 62.2,71.1,59.7,64.4,75.5,75.8,60.4,58.3,56.3,52.6,48.6,56.7

Information is deemed to be reliable, but is not guaranteed. © 2017

Tempe Home Absorption Rate

  • 2.65,2.55,2.4,2.12,2,2,1.79,1.64,1.95,2.27,2.13,1.99

Information is deemed to be reliable, but is not guaranteed. © 2017

A quick note about absorption rate: A balanced markets absorption rate should be between 5 to 7 months. It tells us how long it will take to sell out of our current inventory of homes at the current pace.

Homes for Sale in Tempe

7,042 matches found

$250,000
425 E Julie Drive, Tempe, AZ 85283
View Photos (4)
# of Bedrooms: 3
# of Bathrooms: 2
Square Footage: 1267
Year Built: 1975
Subdivision: UNIVERSITY ROYAL
Description: Nice home with some upgrades in a fantastic community. Great for owner or i...
Last Updated: September - 25 - 2017
$295,700
27 E Redondo Drive, Tempe, AZ 85282
View Photos (29)
Open House (09/30/2017 - 12:00 pm)
# of Bedrooms: 3
# of Bathrooms: 2
Square Footage: 1628
Year Built: 1981
Subdivision: Broadmor Place LOT 1-51 & TR A-H
Description: Location, location, location! In the heart of Tempe near Downtown Tempe, AS...
Last Updated: September - 25 - 2017
$349,000
1922 E Balboa Drive, Tempe, AZ 85282
View Photos (36)Virtual Tours (1)
Status: UCB (Under Contract-Backups)
# of Bedrooms: 4
# of Bathrooms: 2
Square Footage: 1638
Year Built: 1969
Subdivision: Knoell Tempe
Description: Tastefully, professionally and functional remodeled home located on a cul-d...
Last Updated: September - 25 - 2017
$294,900
N/S Corner Lot
View Photos (70)Virtual Tours (1)
Status: Closed
# of Bedrooms: 3
# of Bathrooms: 2
Square Footage: 1841
Year Built: 1968
Subdivision: TEMPE GARDENS 4 LOT 321-485 TR A
Description: Move-In Ready Home in Desirable Tempe Neighborhood. Close to award wining T...
Last Updated: September - 25 - 2017
$569,000
21 E 6TH Street, 415, Tempe, AZ 85281
View Photos (22)
Status: UCB (Under Contract-Backups)
# of Bedrooms: 2
# of Bathrooms: 2
Square Footage: 1836
Year Built: 2002
Subdivision: LOFTS AT ORCHIDHOUSE CONDOMINIUM
Description: True loft living - Heart of Tempe! Spacious modern design in a hip urban l...
Last Updated: September - 25 - 2017
$340,000
Desert landscaping with paver sidewalk & front patio
View Photos (27)
# of Bedrooms: 3
# of Bathrooms: 2
Square Footage: 1575
Year Built: 1950
Subdivision: Lot 73 NORTH TEMPE MCR 003850 Lot 73 North Tempe MCR 0038
Description: FULL REMODEL! **NO HOA** This home was rebuilt from the ground up in 2015, ...
Last Updated: September - 25 - 2017
$230,000
2108 E Yale Drive, Tempe, AZ 85283
View Photos (22)
Status: Pending
# of Bedrooms: 3
# of Bathrooms: 2
Square Footage: 1260
Year Built: 1974
Subdivision: KNOELL TEMPE 6
Description: Wow! Huge price reduction!!! This charming 3 bedroom / 2 bath home in the h...
Last Updated: September - 25 - 2017
$249,999
154 W 5th Street, 126, Tempe, AZ 85281
View Photos (11)
# of Bedrooms: 2
# of Bathrooms: 2
Square Footage: 964
Year Built: 1988
Subdivision: Hayden Square
Description: Absolutely incredible location and community in the heart of ASU's Mill Ave...
Last Updated: September - 25 - 2017
$330,000
1956 E CITATION Lane, Tempe, AZ 85284
View Photos (34)
Status: Pending
# of Bedrooms: 3
# of Bathrooms: 2
Square Footage: 1997
Year Built: 1984
Subdivision: TEMPE ROYAL PALMS 18 AMD LOT 446-826
Description: What a charmer! This home has been well cared for and sits on a large corne...
Last Updated: September - 25 - 2017
$375,000
1940 E BUENA VISTA Drive, Tempe, AZ 85284
View Photos (36)Virtual Tours (1)
# of Bedrooms: 4
# of Bathrooms: 3
Square Footage: 2328
Year Built: 1985
Subdivision: ESTATE LA COLINA UNIT 2 AMD LOT 1-132
Description: **BRAND NEW A/C UNIT(SEPT. 2017)** NEW FELT ON ROOF W/ 10 YEAR WARRANTY (20...
Last Updated: September - 25 - 2017

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