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 (131) homes available in Tempe today.
Our Median Sales Price for Tempe Homes in September was $388,000, up 15.5% from $335,800 in September of 2019 and up 6.3% from $365,000 last month. The average sales price in September was $432,968, up 17.5% from $368,604 in September of 2019 and up 5.0% from $412,356 last month. September 2020 ASP was at highest level compared to September 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
September property sales were 152, up from 133 in September of 2019 and 16.0% higher than the 131 sales last month. September 2020 sales were at their highest level compared to September of 2019 and 2018. September YTD sales of 1,095 are running -5.3% behind last year's year-to-date sales of 1,156.
The total inventory of properties available for sale as of September was 181, up 34.1% from 135 last month and up 13.8% from 159 in September of last year. September 2020 Inventory was at a mid range compared to September 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 September was 21, up from 19 days last month and down from 33 days in September of last year. The September 2020 DOM was at its lowest level compared with September 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 September 2020 selling price per square foot of $219 was up 1.4% from $216 last month and up 14.7% from $191 in September of last year.