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)

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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.
  • 0.98,0.81,0.63,0.61,0.61,0.72,0.97,1.26,1.82,2.16,2.12,2.13

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


Tempe Inventory:

(12 Month History)
  • 208,172,133,128,128,148,194,252,355,408,386,376
  • 179,148,160,167,201,228,243,304,250,212,150,135
  • 201,198,172,160,185,174,196,188,139,144,141,123

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.
  • 37.8,41.7,37.8,31.0,35.0,22.0,21.4,22.8,23.8,38.0,45.3,50.2

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


Tempe Volume:

(12 Month History)
  • 111607854,88635644,75231943,67999739,66831411,74819362,103270893,136822423,180459038,198860999,185338306,184460058
  • 87693343,68668615,75031838,82380579,99607158,124501817,132014194,155815644,119050987,101462184,71535583,70760015
  • 87395087,91333987,77428907,77520667,92333765,88550947,98206950,99348145,68422968,73311251,70448137,59507037

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 434801.43,461282.76,450168.06,484504.17,499101.43,508913.49,501055.87,528447.58,492251.57,509105.91,499632.18,483797.05
  • 434181.84,459027.65,451662.83,491180.43,507640.94,522480.16,513788.09,530389.63,488679.85,495684.88,484689.88,471969.63

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.
  • 100.3,99.8,100.5,101.5,102.4,102.7,102.5,100.9,99.5,97.2,97.3,97.5

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