If you need assistance, please call 480-485-3555

Tempe Market Report

$429,480

AVERAGE PRICE OF 321 HOMES

$1,646,636

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$311,918

AVERAGE PRICE OF 24 NEWLY BUILT HOMES

$660,309

AVERAGE PRICE OF 70 HOMES WITH A POOL

$592,316

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $429,480
Avg Bedrooms 2.93 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $223,392
2 bedrooms $288,700
3 bedrooms $388,487
4 bedrooms $553,949
5 bedrooms $772,892
Tempe Home Price Trends
  1/2021 12/2020 11/2020 10/2020 9/2020
Total Listings 310 360 424 454 449
Average Price $426,525 $406,248 $393,716 $393,002 $405,199
Avg Price Change +4.99% +3.18% +0.18% -3.10% -0.73%
Median Price $372,164 $354,400 $352,496 $356,743 $362,353
Med Price Change +5.01% +0.54% -1.20% -1.57% +0.32%
Avg Bedrooms 3.02 beds 2.98 beds 3 beds 3.02 beds 3.08 beds
Avg Bathrooms 2.22 baths 2.17 baths 2.16 baths 2.18 baths 2.22 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corona Del Sol High School 27 $931,799 42 days
Marcos De Niza High School 58 $409,724 25 days
McClintock High School 92 $338,619 73 days
Mountain Pointe High School 6 $704,000 53 days
Tempe High School 120 $396,260 61 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 321 $429,480 55 days
Multi-Million Dollar Homes 14 $1,646,636 48 days
Newly Built Homes 24 $311,918 190 days
Homes with a Pool 70 $660,309 39 days
Reduced Price Homes 6 $592,316 67 days
The Envision Team @ My Home Group
1222 East Baseline #102
Tempe, AZ 85283
480-485-3555

Justin Oliver, Senior VP/Branch Manager, NMLS #164869 | Ryan Whalen, Senior VP/Branch Manager, NMLS #217739 |NOVA® Home Loans NMLS #3087 | BK 0902429 | Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act #4131230. Also licensed by the CA-DBO under the CFL #6036566. Loans made or arranged pursuant to a California Financing Law License. | Equal Housing Opportunity

© 2021 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 Ben Arredondo - The Envision Team / My Home Group 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. February 28, 2021
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