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)
  • 345000.00,320000.00,318250.00,309000.00,310000.00,319999.00,316250.00,324900.00,329000.00,330000.00,334995.00,342500.00
  • 289000.00,285000.00,279900.00,289900.00,297000.00,299000.00,299900.00,289945.00,309500.00,317000.00,319000.00,315000.00
  • 299900.00,299000.00,279900.00,275000.00,289500.00,289450.00,278000.00,293500.00,289945.00,295000.00,305000.00,310000.00

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.
  • 1.59,1.74,1.74,1.98,2.06,2.12,2.08,1.89,1.82,1.89,1.79,1.62

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


Tempe Inventory:

(12 Month History)
  • 313,345,344,385,394,409,398,359,344,357,333,300
  • 241,259,246,303,201,206,158,132,213,212,215,208
  • 246,215,205,206,195,164,147,159,142,149,179,217

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.
  • 40.4,43.2,53.8,40.0,45.2,49.0,58.0,68.0,71.5,67.7,69.8,54.7

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


Tempe Volume:

(12 Month History)
  • 132954482,134730293,134260306,141121246,144472026,150950874,146234591,132508300,128621383,134728481,129546727,122265149
  • 76001822,76806752,71104745,94324891,63317208,66049399,49488638,38811633,69380361,74604167,72767927,72598975
  • 77954941,68142453,62304381,60398276,60232529,49222202,47091512,49798423,40652169,45047820,54591525,69910183

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 316890.00,316941.64,303923.81,293195.51,308884.76,300135.38,320350.42,313197.63,286282.88,302334.36,304980.59,322166.74
  • 311903.98,310761.48,297587.86,287369.20,300581.64,294252.34,312793.57,304782.76,279730.31,295147.60,297697.88,316571.32

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.
  • 98.9,98.3,98.2,98.3,98.3,98.2,98.1,97.6,97.7,98.2,97.8,98.4

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