Note: These charts represent the last 12-months of activity on residential real estate in Tempe.
Tempe Home Prices:
(12 Month History)
- 485000.00,494950.00,499999.00,516999.50,529999.50,500000.00,485000.00,489000.00,494900.00,485000.00,494900.00,487000.00
- 474999.50,480000.00,480000.00,510000.00,507499.50,485000.00,474500.00,494900.00,475000.00,474950.00,524949.50,472495.00
- 466499.50,439900.00,452950.00,485000.00,499000.00,495450.00,475000.00,500000.00,450000.00,492437.50,499499.50,499499.50
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.
- 2.29,2.07,2.07,2.1,2.25,2.49,2.63,2.71,2.74,3.06,3.35,3.5
Information is deemed to be reliable, but is not guaranteed. © 2024
Tempe Inventory:
(12 Month History)
- 256,230,227,234,250,277,299,309,316,348,373,392
- 92,141,135,163,190,198,164,162,148,182,170,122
- 102,78,124,113,117,166,132,119,105,80,120,86
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.
- 41.7,57.4,55.3,53.5,45.8,57.8,34.9,51.6,56.7,62.3,49.4,58.8
Information is deemed to be reliable, but is not guaranteed. © 2024
Tempe Volume:
(12 Month History)
- 127736262,122057569,122663481,122744017,137432925,144475266,151902941,155747774,167400116,184099673,200465864,214398371
- 45995347,75920133,64886514,83448408,101814380,106206158,76364153,82408142,85311802,93216789,100326005,65436391
- 52984665,34980977,63722645,53176086,63087364,86383898,64727284,59067824,53072266,39944339,70033656,44802641
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 519457.50,448474.06,513892.30,470584.83,539208.24,520384.93,490358.21,496368.27,505450.15,499304.24,583613.80,520960.94
- 502595.64,436441.78,502308.04,462306.98,529983.17,511637.85,482257.35,487706.84,490889.52,486757.50,564469.63,511024.38
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.
- 97.2,97.5,97.1,98.2,98.0,98.2,98.5,98.0,97.4,97.7,97.6,98.3
Information is deemed to be reliable, but is not guaranteed. © 2024