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Tempe Market Report

$375,448

AVERAGE PRICE OF 397 HOMES

$389,933

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,390,818

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$612,455

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$485,246

AVERAGE PRICE OF 144 HOMES WITH A POOL

$438,862

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $375,448
Avg Bedrooms 3.23 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $221,303
2 bedrooms $258,854
3 bedrooms $324,299
4 bedrooms $393,237
5 bedrooms $667,061
Tempe Home Price Trends
  1/2019 12/2018 11/2018 10/2018 9/2018
Total Listings 368 396 450 448 450
Average Price $369,955 $367,499 $366,325 $361,331 $360,103
Avg Price Change +0.67% +0.32% +1.38% +0.34% -2.99%
Median Price $331,333 $322,134 $317,009 $315,454 $312,613
Med Price Change +2.86% +1.62% +0.49% +0.91% -0.38%
Avg Bedrooms 3.19 beds 3.17 beds 3.16 beds 3.12 beds 3.14 beds
Avg Bathrooms 2.27 baths 2.3 baths 2.38 baths 2.45 baths 2.27 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corona Del Sol High School 64 $624,196 74 days
Marcos De Niza High School 61 $325,787 59 days
McClintock High School 107 $288,346 52 days
Mountain Pointe High School 11 $573,445 71 days
Tempe High School 128 $343,742 60 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 397 $375,448 60 days
Distressed Homes 3 $389,933 104 days
Multi-Million Dollar Homes 11 $1,390,818 80 days
Newly Built Homes 12 $612,455 65 days
Homes with a Pool 144 $485,246 63 days
Reduced Price Homes 27 $438,862 74 days
Keller Williams Realty Phoenix
James Sanson
3920 S Rural Rd #110
Tempe, AZ 85282
480-757-9196

©2019Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other thanKeller Williams Realty Phoenixare marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.February 21, 2019
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