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 (95) homes available in Tempe today.
Our Median Sales Price for June was $475,000, up 24.2% from $382,500 in June of 2020 and up 2.5% from $463,500 last month. The average sales price in June was $529,557, up 30.2% from $406,750 in June of 2020 and up 7.5% from $492,469 last month. June 2021 ASP was at highest level compared to June of 2020 and 2019. (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
June property sales were 151, up from 146 in June of 2020 and 14.4% higher than the 132 sales last month. June 2021 sales were at their highest level compared to June of 2020 and 2019. June YTD sales of 773 are running 17.8% ahead of last year's year-to-date sales of 656.
The total inventory of properties available for sale as of June was 147, up 45.5% from 101 last month and up 7.3% from 137 in June of last year. June 2021 Inventory was at a mid range compared to June of 2020 and 2019.
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 June was 13, equal to 13 days last month and down from 30 days in June of last year. The June 2021 DOM was at its lowest level compared with June of 2020 and 2019.
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 June 2021 selling price per square foot of $277 was up 5.3% from $263 last month and up 32.5% from $209 in June of last year.