Note: These charts represent the last 12-months of activity on residential real estate in Tempe.
Tempe Home Prices:
(12 Month History)
- 485900.00,499900.00,525000.00,499900.00,499900.00,485000.00,479000.00,485000.00,497000.00,500000.00,523000.00,535000.00
- 468500.00,500000.00,495000.00,475000.00,444999.00,469900.00,475000.00,475000.00,480000.00,485000.00,510000.00,519500.00
- 475000.00,472500.00,440000.00,490000.00,499450.00,490000.00,427500.00,466499.50,439900.00,452950.00,485000.00,499000.00
Information is deemed to be reliable, but is not guaranteed. © 2024
Tempe Absorption Rate:
(12 Month History)
This rate represents the number of months it would take to deplete the current inventory with no new listings. The absorption rate in a balanced market is typically between 5 – 7 months. A higher number would reflect more of a buyer’s market and a lower number a seller’s market.
- 1.33,1.42,1.61,1.67,1.92,2.25,2.41,2.29,2.07,2.07,2.11,2.36
Information is deemed to be reliable, but is not guaranteed. © 2024
Tempe Inventory:
(12 Month History)
- 173,177,193,195,221,253,269,256,230,227,235,263
- 136,143,135,168,157,141,150,92,141,135,163,189
- 137,130,100,126,110,111,88,102,78,124,113,118
Information is deemed to be reliable, but is not guaranteed. © 2024
Average Days on Market in Tempe:
(12 Month History)
This number represents the average number of days between the original listing date and the “under contract” date among the homes sold in a given month.
- 52.7,49.8,43.2,43.9,38.3,46.1,49.2,41.7,57.4,55.3,53.5,47.1
Information is deemed to be reliable, but is not guaranteed. © 2024
Tempe Volume:
(12 Month History)
- 90346793,91405306,103726309,99101655,115924609,127552000,133800619,127948152,122346459,123029570,124873707,146135963
- 70641595,76471049,69692377,82961232,73441158,70792530,73106573,46067247,76024332,65161904,84108420,103534801
- 68621761,63888431,49333518,68502944,53839205,54809390,39927364,52984665,34980977,63722645,53176086,63152364
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 500888.77,491449.47,493335.18,543674.16,489447.32,493778.29,453720.05,519457.50,448474.06,513892.30,470584.83,535189.53
- 492730.38,480994.61,484741.29,530074.25,482212.06,486001.67,440028.85,502595.64,436441.78,502308.04,462271.58,526042.64
Information is deemed to be reliable, but is not guaranteed. © 2024
Sale to List Price Ratio:
(12 Month History)
This ratio represents the average percentage of the list price that sellers accepted in a given month.
- 98.5,98.1,98.4,98.3,98.4,98.5,97.3,97.2,97.5,97.1,98.1,98.1
Information is deemed to be reliable, but is not guaranteed. © 2024