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)
  • 479000.00,485000.00,497000.00,499999.00,516999.50,529999.00,500000.00,485944.00,489500.00,495000.00,485944.00,499450.00
  • 475000.00,474999.50,480000.00,480000.00,510000.00,507499.50,485000.00,474500.00,495500.00,475000.00,477450.00,527500.00
  • 427500.00,466499.50,439900.00,452950.00,485000.00,499000.00,495450.00,475000.00,500000.00,450000.00,492437.50,499999.50

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.
  • 2.41,2.29,2.07,2.07,2.1,2.24,2.48,2.62,2.7,2.72,3.02,3.38

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


Tempe Inventory:

(12 Month History)
  • 269,256,230,227,234,249,276,298,308,314,344,376
  • 150,92,141,135,163,190,198,164,162,148,182,168
  • 88,102,78,124,113,117,166,132,119,105,80,122

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.
  • 49.2,41.7,57.4,55.3,53.5,45.8,57.8,34.9,51.6,56.7,62.3,49.3

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


Tempe Volume:

(12 Month History)
  • 133635629,127741262,122062569,122668481,122749017,136712930,143724871,151197545,155175778,166373869,182597616,204044116
  • 73086573,45995347,75920133,64886514,83448408,101790380,106214758,76418652,82642841,85484452,93631778,100737518
  • 39927364,52984665,34980977,63722645,53176086,63087364,86383898,64727284,59067824,53072266,39944339,71132655

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 453720.05,519457.50,448474.06,513892.30,470584.83,539208.24,520384.93,490358.21,496368.27,505450.15,499304.24,583054.55
  • 440028.85,502595.64,436441.78,502308.04,462306.98,529983.17,511637.85,482257.35,487706.84,490889.52,486757.50,564060.28

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.
  • 97.3,97.2,97.5,97.1,98.2,98.0,98.2,98.5,98.0,97.4,97.7,97.6

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