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)
  • 352450.00,345500.00,345000.00,320000.00,318000.00,309000.00,310000.00,319999.50,315000.00,325000.00,327000.00,329000.00
  • 299500.00,299900.00,289000.00,285000.00,279900.00,289900.00,297000.00,299000.00,299900.00,292245.00,309900.00,319000.00
  • 280000.00,275000.00,299900.00,299000.00,279900.00,275000.00,289500.00,289450.00,278000.00,293500.00,289945.00,295000.00

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.
  • 1.43,1.64,1.59,1.74,1.74,1.98,2.05,2.12,2.07,1.87,1.8,1.89

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


Tempe Inventory:

(12 Month History)
  • 286,324,313,345,343,384,393,408,396,357,340,356
  • 275,270,241,259,246,303,201,206,158,132,213,212
  • 193,210,246,215,205,206,195,164,147,159,142,149

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.
  • 59.6,49.8,40.4,43.2,53.8,40.0,45.2,49.0,58.0,68.0,71.5,67.7

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


Tempe Volume:

(12 Month History)
  • 127421196,139438013,133064482,134840293,133969806,140812746,144193126,150689474,145627191,132051400,126875491,133899691
  • 94992944,85699034,76001822,76824252,71056745,94374891,63339308,65976899,49674638,38901443,69741460,75205018
  • 57236000,65755822,77954941,68142453,62304381,60398276,60232529,49222202,47091512,49798423,40652169,45047820

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 296559.59,313122.96,316890.00,316941.64,303923.81,293195.51,308884.76,300135.38,320350.42,313197.63,286282.88,302334.36
  • 291482.31,307542.84,311903.98,310761.48,297587.86,287369.20,300581.64,294252.34,312793.57,304814.21,279730.31,295147.60

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.
  • 98.3,98.4,98.9,98.3,98.2,98.3,98.3,98.2,98.1,97.6,97.7,98.2

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