Tempe, AZ

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Tempe Arizona Homes
Tempe Arizona Homes

Homes | New | LuxuryCondos | Townhomes | Open House
85281 | 85282 | 85283 | 85284

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. Fine-Tune those results by simply adding more of your own criteria in the form provided below, for better and Quick Results!! Simply “click” on the home photos to display all the details for your selected home.

We can currently see (121) homes available in Tempe today.

Prices
The median sales price in December was $315,000, up 11.3% from $283,000 in December of 2018 and up 2.9% from $306,000 last month. The average sales price in December was $316,855, up 4.0% from $304,814 in December of 2018 and down -6.3% from $338,123 last month. December 2019 ASP was at highest level compared to December of 2018 and 2017.

Inventory
The total inventory of Tempe Arizona Homes available for sale as of December was 213, equal to 213 last month and down -33.6% from 321 in December of last year. December 2019 Inventory was at the lowest level compared to December of 2018 and 2017.

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

Some Real Estate listings in Tempe, AZ

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$1,479,000
MLS # 6021002
6 Beds
7 Baths
6,568 Sqft
Status: Active
Property Type: Single Family - Detached
$399,000
MLS # 6022627
3 Beds
2 Baths
2,198 Sqft
Status: Active
Property Type: Single Family - Detached
$300,000
MLS # 6024449
3 Beds
2 Baths
1,524 Sqft
Status: Active
Property Type: Single Family - Detached
$482,500
MLS # 6024948
4 Beds
3 Baths
2,825 Sqft
Status: Active
Property Type: Single Family - Detached
$394,900
MLS # 6025043
4 Beds
2 Baths
2,419 Sqft
Status: Active
Property Type: Single Family - Detached
$340,000
MLS # 6025167
3 Beds
2 Baths
1,652 Sqft
Status: Active
Property Type: Single Family - Detached
$299,900
MLS # 6025199
3 Beds
2 Baths
1,671 Sqft
Status: Active
Property Type: Single Family - Detached
$485,000
MLS # 6025203
4 Beds
3 Baths
2,565 Sqft
Status: Active
Property Type: Single Family - Detached
$375,000
MLS # 6025250
3 Beds
2 Baths
1,855 Sqft
Status: Active
Property Type: Single Family - Detached
$324,900
MLS # 6025322
3 Beds
2 Baths
1,296 Sqft
Status: Active
Property Type: Single Family - Detached
$349,000
MLS # 6025408
3 Beds
3 Baths
1,645 Sqft
Status: Active
Property Type: Single Family - Detached
$329,000
MLS # 6025411
3 Beds
2 Baths
1,478 Sqft
Status: Active
Property Type: Single Family - Detached
$419,000
MLS # 6025433
3 Beds
3 Baths
2,003 Sqft
Status: Active
Property Type: Single Family - Detached
$285,000
MLS # 6025556
3 Beds
2 Baths
1,654 Sqft
Status: Active
Property Type: Single Family - Detached
$370,000
MLS # 6024399
4 Beds
2 Baths
1,524 Sqft
Status: Active
Property Type: Single Family - Detached
$339,900
MLS # 6024430
3 Beds
2 Baths
1,322 Sqft
Status: Active
Property Type: Single Family - Detached
$420,000
MLS # 6024433
4 Beds
2 Baths
2,070 Sqft
Status: Active
Property Type: Single Family - Detached
$385,000
MLS # 6024459
4 Beds
4 Baths
1,636 Sqft
Status: Active
Property Type: Single Family - Detached

Monthly Market Report

Property Sales
December property sales were 150, down from 159 in December of 2018 and -3.8% lower than the 156 sales last month. December 2019 sales were at their lowest level compared to December of 2018 and 2017. December YTD sales of 2,278 are running 0.7% ahead of last year's year-to-date sales of 2,262.

Prices
The median sales price in December was $315,000, up 11.3% from $283,000 in December of 2018 and up 2.9% from $306,000 last month. The average sales price in December was $316,855, up 4.0% from $304,814 in December of 2018 and down -6.3% from $338,123 last month. December 2019 ASP was at highest level compared to December of 2018 and 2017.

Inventory
The total inventory of properties available for sale as of December was 213, equal to 213 last month and down -33.6% from 321 in December of last year. December 2019 Inventory was at the lowest level compared to December of 2018 and 2017.

Market Time
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 26, up from 23 days last month and down from 48 days in December of last year. The December 2019 DOM was at its lowest level compared with December of 2018 and 2017.

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 2019 selling price per square foot of $197 was up 3.1% from $191 last month and up 6.5% from $185 in December of last year.

Selling Price vs Original Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a buyer's market exists, a ratio at or above 100% indicates more of a seller's market. The December 2019 selling price vs list price of 97.6% was down from 97.8% last month and up from 95.9% in December of last year.

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