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.

[market_stats title=”Tempe Home Prices” width=”560″ height=”300″ type=”price” display=”ActiveAverageListPrice,SoldAverageSoldPrice” property_type=”A” location=”City=Tempe&Tempe”]

[market_stats title=”Tempe Residential Inventory” width=”560″ height=”300″ type=”inventory” display=”ActiveListings,SoldListings” property_type=”A” location=”City=Tempe&Tempe”]

[market_stats title=”How long homes are taking to sell.” width=”560″ height=”300″ type=”dom” display=”AverageCdom” property_type=”A” location=”City=Tempe&Tempe”]

[market_stats title=”Tempe Home Absorption Rate” width=”560″ height=”300″ type=”absorption” property_type=”A” location=”City=Tempe&Tempe”]

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.

[idx_listing_summary title=”Homes for Sale in Tempe” source=” location” property_type=”A” location=”City=Tempe&Tempe” display=”all” sort=”recently_changed” _=”1426272419177″]