About Tempe Arizona Homes
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Tempe Arizona Homes are found North of Chandler, West of Mesa, and on the South Side of Scottsdale, Arizona. Your Search Results will appear below showing the “Newest Listings” first.
We can currently see (76) homes available in Tempe today.
Our Median Sales Price for December was $391,000, up 15.3% from $339,000 in December of 2019 and up 1.6% from $385,000 last month. The average sales price in December was $431,710, up 23.0% from $350,938 in December of 2019 and up 1.3% from $426,025 last month. December 2020 ASP was at highest level compared to December of 2019 and 2018. (more Market Report below photos)
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you. – Thanks!! (480)208-7955 – We are located next to Paradise Valley (See Map Here) ~ You can also find us at Paradise Valley Homes 🙂
Some Real Estate listings in Tempe, AZ
Monthly Market Report
December property sales were 132, up from 99 in December of 2019 and 2.3% higher than the 129 sales last month. December 2020 sales were at their highest level compared to December of 2019 and 2018. December YTD sales of 1,498 are running 1.7% ahead of last year's year-to-date sales of 1,473.
The total inventory of properties available for sale as of December was 125, equal to 125 last month and down -10.7% from 140 in December of last year. December 2020 Inventory was at the lowest level compared to December of 2019 and 2018.
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer's market, a downward trend a move towards more of a seller's market. The DOM for December was 30, up from 29 days last month and down from 33 days in December of last year. The December 2020 DOM was at its lowest level compared with December of 2019 and 2018.
Selling Price per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The December 2020 selling price per square foot of $229 was up 0.4% from $228 last month and up 17.4% from $195 in December of last year.