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)
  • 466500.00,459000.00,469999.00,475000.00,499000.00,489900.00,505000.00,513000.00,509950.00,498000.00,510000.00,532500.00
  • 404500.00,435000.00,457000.00,440000.00,475000.00,449999.50,466500.00,499900.00,479000.00,510000.00,505000.00,499900.00
  • 420000.00,414280.50,419900.00,449350.00,419000.00,450000.00,449749.50,479900.00,490000.00,515000.00,482000.00,499000.00

Information is deemed to be reliable, but is not guaranteed. © 2022


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.
  • 1.08,1.09,1.12,1.11,0.99,0.81,0.63,0.61,0.61,0.72,0.97,1.32

Information is deemed to be reliable, but is not guaranteed. © 2022


Tempe Inventory:

(12 Month History)
  • 232,230,237,236,209,172,133,128,128,148,195,264
  • 253,265,241,210,179,148,160,167,201,228,243,301
  • 215,220,215,216,201,198,172,160,185,174,196,188

Information is deemed to be reliable, but is not guaranteed. © 2022


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.
  • 23.3,24.5,27.1,34.0,37.8,41.7,37.8,31.0,35.0,22.0,21.4,22.8

Information is deemed to be reliable, but is not guaranteed. © 2022


Tempe Volume:

(12 Month History)
  • 119233760,112325988,115760599,118207097,111907754,88635644,75313943,68144739,67227411,75486663,105052894,147610474
  • 106545322,116548477,111472267,100056936,87693343,68685615,75096838,82448579,99881659,124847417,133145643,160901356
  • 91461556,94093060,91202756,101928309,87395087,91333987,77428907,77520667,92333765,88550947,98206950,99348145

Information is deemed to be reliable, but is not guaranteed. © 2022


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 425402.59,427695.73,424198.87,471890.32,434801.43,461282.76,450168.06,484504.17,499101.43,508913.49,501055.87,528447.58
  • 431270.62,433400.53,427487.95,472319.94,434181.84,459103.40,451662.83,491180.43,507640.94,522498.55,513788.09,530336.44

Information is deemed to be reliable, but is not guaranteed. © 2022


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.
  • 101.9,101.5,100.9,100.7,100.3,99.8,100.5,101.5,102.4,102.7,102.5,100.9

Information is deemed to be reliable, but is not guaranteed. © 2022