Tempe MLS Statistics

Note: These charts represent the last 12-months of activity on residential real estate in Tempe.

Tempe Home Prices:

(12 Month History)
  • 325000.00,348000.00,354900.00,346000.00,345000.00,320000.00,318950.00,309000.00,309999.50,322000.00,319999.00,329450.00
  • 285000.00,299000.00,299500.00,299900.00,289000.00,288750.00,279900.00,289900.00,297000.00,299000.00,299900.00,292495.00
  • 269000.00,284999.00,280000.00,275000.00,299900.00,299000.00,279900.00,275000.00,289250.00,289450.00,278000.00,291750.00

Information is deemed to be reliable, but is not guaranteed. © 2019


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.
  • 1.34,1.32,1.42,1.64,1.58,1.73,1.73,1.96,2.04,2.1,2.05,1.87

Information is deemed to be reliable, but is not guaranteed. © 2019


Tempe Inventory:

(12 Month History)
  • 265,259,285,323,312,344,342,381,390,405,393,356
  • 195,209,275,270,241,259,246,303,201,206,158,132
  • 143,183,193,210,246,215,205,206,194,164,147,158

Information is deemed to be reliable, but is not guaranteed. © 2019


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.
  • 71.4,65.7,59.6,49.8,40.4,43.2,53.8,40.0,45.0,49.0,58.0,67.7

Information is deemed to be reliable, but is not guaranteed. © 2019


Tempe Volume:

(12 Month History)
  • 104778462,112961678,127153196,139175013,132801482,134592293,133756606,140170936,143829816,150539514,145711350,132920255
  • 65407329,71303224,94997944,85699034,76001822,76851252,71116435,94619891,63506908,66212923,49969684,39266380
  • 41799925,56829233,57236000,65755822,77954941,68142453,62304381,60398276,59923529,49222202,47091512,49333246

Information is deemed to be reliable, but is not guaranteed. © 2019


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 292307.17,310542.26,296559.59,313122.96,316890.00,316941.64,303923.81,293195.51,308884.17,300135.38,320350.42,312235.73
  • 285979.03,304296.04,291482.31,307542.84,311903.98,310761.48,297600.05,287369.20,300589.79,294252.34,312793.57,303926.96

Information is deemed to be reliable, but is not guaranteed. © 2019


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.
  • 98.2,98.3,98.3,98.4,98.9,98.3,98.2,98.3,98.3,98.2,98.1,97.6

Information is deemed to be reliable, but is not guaranteed. © 2019