Note: These charts represent the last 12-months of activity on residential real estate in Tempe.
Tempe Home Prices:
(12 Month History)
- 485000.00,479000.00,485000.00,497000.00,500000.00,516999.50,529999.00,502000.00,485944.00,489950.00,495000.00,489450.00
- 469900.00,475000.00,474999.50,480000.00,480000.00,510000.00,507499.50,485000.00,476950.00,494950.00,477500.00,485000.00
- 490000.00,427500.00,466499.50,439900.00,452950.00,485000.00,499000.00,495450.00,475000.00,500000.00,450000.00,492437.50
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.
- 2.25,2.41,2.29,2.07,2.07,2.1,2.24,2.48,2.62,2.7,2.71,3.13
Information is deemed to be reliable, but is not guaranteed. © 2024
Tempe Inventory:
(12 Month History)
- 253,269,256,230,227,234,249,276,298,308,313,356
- 141,150,92,141,135,163,190,198,164,162,148,181
- 111,88,102,78,124,113,117,166,132,119,105,80
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.
- 46.1,49.2,41.7,57.4,55.3,53.5,45.8,57.8,34.9,51.6,56.7,62.3
Information is deemed to be reliable, but is not guaranteed. © 2024
Tempe Volume:
(12 Month History)
- 127492010,133640629,127746262,122077569,122683481,122799517,136777430,143819871,151333845,155415478,166294360,194561904
- 70712530,73086573,45995347,75930133,64886514,83483908,101804380,106301558,76434652,82837992,85864969,93868814
- 54809390,39927364,52984665,34980977,63722645,53176086,63087364,86383898,64727284,59067824,53072266,39944339
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 493778.29,453720.05,519457.50,448474.06,513892.30,470584.83,539208.24,520384.93,490358.21,496368.27,505450.15,499304.24
- 486001.67,440028.85,502595.64,436441.78,502308.04,462306.98,529983.17,511637.85,482257.35,487706.84,490889.52,486432.50
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.
- 98.5,97.3,97.2,97.5,97.1,98.2,98.0,98.2,98.5,98.0,97.4,97.6
Information is deemed to be reliable, but is not guaranteed. © 2024