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)
  • 330000.00,331250.00,339450.00,340000.00,341900.00,335000.00,352450.00,358999.50,359000.00,355000.00,359900.00,370000.00
  • 315000.00,319000.00,315000.00,319450.00,299900.00,316950.00,299949.50,315000.00,319900.00,325000.00,319000.00,322000.00
  • 295000.00,307000.00,310000.00,295000.00,315000.00,306500.00,309700.00,299999.50,305900.00,316950.00,316950.00,314950.00

Information is deemed to be reliable, but is not guaranteed. © 2020


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.
  • 1.89,1.79,1.61,1.58,1.68,1.68,1.43,1.17,1.21,1.22,1.09,0.96

Information is deemed to be reliable, but is not guaranteed. © 2020


Tempe Inventory:

(12 Month History)
  • 357,332,298,292,311,308,264,218,227,233,209,182
  • 212,215,208,264,234,218,228,207,205,162,129,196
  • 149,178,217,238,197,216,236,210,195,156,152,148

Information is deemed to be reliable, but is not guaranteed. © 2020


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.
  • 67.7,70.0,54.7,54.3,54.4,45.9,51.7,42.6,43.3,39.6,38.3,55.1

Information is deemed to be reliable, but is not guaranteed. © 2020


Tempe Volume:

(12 Month History)
  • 133372141,127478027,118910055,121386080,126488520,120912642,109884519,93711026,92942378,93662486,87219339,79899551
  • 74313617,72302786,71427874,92429874,71985585,75225685,73206744,69469148,67887170,58067749,44192245,68435385
  • 45047820,54441625,69910183,75042929,65049652,67904047,73674090,66981920,63887609,53795537,48616577,49681553

Information is deemed to be reliable, but is not guaranteed. © 2020


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 302334.36,305851.83,322166.74,315306.42,330201.28,314370.59,312178.35,318961.52,327628.76,344843.19,319845.90,335686.17
  • 295147.60,298494.49,316548.28,309689.16,323249.79,309599.03,305993.18,312195.59,321918.75,338039.74,314160.39,330374.66

Information is deemed to be reliable, but is not guaranteed. © 2020


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.
  • 98.2,97.8,98.4,98.4,98.5,98.8,97.8,98.1,98.5,98.4,98.2,98.7

Information is deemed to be reliable, but is not guaranteed. © 2020