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Tempe Market Report

$403,165

AVERAGE PRICE OF 371 HOMES

$454,725

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,285,050

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$523,963

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$529,766

AVERAGE PRICE OF 139 HOMES WITH A POOL

$507,311

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $403,165
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $282,536
2 bedrooms $259,339
3 bedrooms $329,957
4 bedrooms $444,599
5 bedrooms $654,010
Tempe Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 363 377 398 390 368
Average Price $410,699 $389,779 $378,279 $375,120 $369,955
Avg Price Change +5.37% +3.04% +0.84% +1.40% +0.67%
Median Price $341,103 $336,537 $332,951 $327,730 $331,333
Med Price Change +1.36% +1.08% +1.59% -1.10% +2.86%
Avg Bedrooms 3.25 beds 3.28 beds 3.23 beds 3.23 beds 3.19 beds
Avg Bathrooms 2.29 baths 2.28 baths 2.28 baths 2.26 baths 2.27 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corona Del Sol High School 60 $718,618 63 days
Marcos De Niza High School 73 $345,299 53 days
McClintock High School 95 $297,236 45 days
Mountain Pointe High School 10 $511,859 84 days
Tempe High School 114 $363,216 56 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 371 $403,165 55 days
Distressed Homes 4 $454,725 120 days
Multi-Million Dollar Homes 18 $1,285,050 80 days
Newly Built Homes 9 $523,963 105 days
Homes with a Pool 139 $529,766 56 days
Reduced Price Homes 20 $507,311 56 days
Keller Williams Realty Phoenix
Eric Brossart
3507 North Apache Way
Scottsdale, AZ 85251
602-741-6394

© 2019 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Eric Brossart - Keller Williams Realty Phoenix are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. June 20, 2019