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)
  • 317750.00,309000.00,310000.00,319999.00,315125.00,324900.00,329000.00,330000.00,331250.00,339450.00,340000.00,344000.00
  • 279900.00,289900.00,297000.00,299000.00,299900.00,289945.00,309000.00,315000.00,319000.00,315000.00,319450.00,312000.00
  • 279900.00,275000.00,289500.00,289450.00,278000.00,293500.00,289945.00,295000.00,307000.00,310000.00,295000.00,315000.00

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.
  • 1.74,1.98,2.06,2.12,2.08,1.89,1.83,1.9,1.79,1.61,1.57,1.71

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


Tempe Inventory:

(12 Month History)
  • 344,385,394,409,398,359,345,358,332,298,290,316
  • 246,303,201,206,158,132,213,212,215,208,264,220
  • 205,206,195,164,147,159,142,149,178,217,238,197

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.
  • 53.8,40.0,45.2,49.0,58.0,68.0,71.5,67.7,70.0,54.7,54.3,54.4

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


Tempe Volume:

(12 Month History)
  • 134238056,141094996,144425776,150904624,146013841,132272550,128287433,134259131,127874127,119794933,122256558,130553696
  • 71104745,94310891,63307208,65903899,49444638,38745633,69168261,74409217,72454576,71963962,92875974,70703280
  • 62304381,60398276,60232529,49222202,47091512,49798423,40652169,45047820,54441625,69910183,75042929,65049652

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 303923.81,293195.51,308884.76,300135.38,320350.42,313197.63,286282.88,302334.36,305851.83,322166.74,315306.42,330201.28
  • 297587.86,287369.20,300581.64,294252.34,312793.57,304782.76,279730.31,295147.60,298494.49,316548.28,309689.16,323259.94

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.
  • 98.2,98.3,98.3,98.2,98.1,97.6,97.7,98.2,97.8,98.4,98.4,98.5

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