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)
  • 459900.00,482500.00,479000.00,489000.00,499900.00,525000.00,499900.00,499900.00,485000.00,479550.00,485000.00,499000.00
  • 440000.00,499950.00,475000.00,468500.00,500000.00,495000.00,475000.00,444999.00,469900.00,475000.00,475000.00,479950.00
  • 445000.00,419900.00,467000.00,475000.00,472500.00,440000.00,490000.00,499450.00,490000.00,427500.00,466499.50,439900.00

Information is deemed to be reliable, but is not guaranteed. © 2024


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.
  • 1.74,1.51,1.32,1.33,1.42,1.61,1.67,1.92,2.25,2.39,2.27,2.05

Information is deemed to be reliable, but is not guaranteed. © 2024


Tempe Inventory:

(12 Month History)
  • 253,212,177,173,177,193,195,221,253,267,253,228
  • 125,121,135,136,143,135,168,157,141,150,92,140
  • 102,117,116,137,130,100,126,110,111,88,102,78

Information is deemed to be reliable, but is not guaranteed. © 2024


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.
  • 73.8,70.2,58.8,52.7,49.8,43.2,43.9,38.3,46.1,49.2,41.7,57.4

Information is deemed to be reliable, but is not guaranteed. © 2024


Tempe Volume:

(12 Month History)
  • 122389467,108477015,84483319,90360292,91432805,103749808,99184154,116030118,127760009,133243630,127064263,122369471
  • 64093688,62013210,68014529,70641595,76481049,69722377,82981232,73539668,70981531,73241274,46237746,74753374
  • 48044624,52685185,53172747,68621761,63888431,49333518,68502944,53839205,54809390,39927364,52984665,34980977

Information is deemed to be reliable, but is not guaranteed. © 2024


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 471025.73,450300.73,458385.75,500888.77,491449.47,493335.18,543674.16,489447.32,493778.29,453720.05,519457.50,448474.06
  • 458195.56,441642.91,445380.18,492730.38,480994.61,484741.29,530074.25,482212.06,486001.67,440028.85,502595.64,436441.78

Information is deemed to be reliable, but is not guaranteed. © 2024


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.
  • 97.2,98.0,97.4,98.5,98.1,98.4,98.3,98.4,98.5,97.3,97.2,97.5

Information is deemed to be reliable, but is not guaranteed. © 2024