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Tempe Market Report

$405,738

AVERAGE PRICE OF 369 HOMES

$454,725

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,285,837

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$523,963

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$532,911

AVERAGE PRICE OF 140 HOMES WITH A POOL

$483,851

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $405,738
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $291,514
2 bedrooms $259,307
3 bedrooms $329,193
4 bedrooms $444,016
5 bedrooms $670,901
Tempe Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 363 377 398 390 368
Average Price $410,699 $389,779 $378,279 $375,120 $369,955
Avg Price Change +5.37% +3.04% +0.84% +1.40% +0.67%
Median Price $341,103 $336,537 $332,951 $327,730 $331,333
Med Price Change +1.36% +1.08% +1.59% -1.10% +2.86%
Avg Bedrooms 3.25 beds 3.28 beds 3.23 beds 3.23 beds 3.19 beds
Avg Bathrooms 2.29 baths 2.28 baths 2.28 baths 2.26 baths 2.27 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corona Del Sol High School 60 $732,203 64 days
Marcos De Niza High School 78 $340,913 53 days
McClintock High School 92 $298,642 45 days
Mountain Pointe High School 8 $522,962 104 days
Tempe High School 112 $366,497 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 369 $405,738 56 days
Distressed Homes 4 $454,725 119 days
Multi-Million Dollar Homes 19 $1,285,837 81 days
Newly Built Homes 9 $523,963 104 days
Homes with a Pool 140 $532,911 56 days
Reduced Price Homes 20 $483,851 56 days
Keller Williams Realty Phoenix
James Sanson
3920 S Rural Rd #110
Tempe, AZ 85282
480-757-9196

© 2019 Arizona 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 than Keller Williams Realty Phoenix are 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. June 19, 2019