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Tempe Market Report

$399,386

AVERAGE PRICE OF 350 HOMES

$288,166

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,272,286

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$416,348

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$553,296

AVERAGE PRICE OF 114 HOMES WITH A POOL

$410,143

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $399,386
Avg Bedrooms 3.26 beds
Avg Bathrooms 2.34 baths

Average Price by Bedrooms

1 bedroom $318,612
2 bedrooms $251,699
3 bedrooms $342,640
4 bedrooms $445,237
5 bedrooms $653,773
Tempe Home Price Trends
  7/2019 6/2019 5/2019 4/2019 3/2019
Total Listings n/a 368 363 377 398
Average Price n/a $404,771 $410,699 $389,779 $378,279
Avg Price Change n/a -1.46% +5.37% +3.04% +0.84%
Median Price n/a $341,903 $341,103 $336,537 $332,951
Med Price Change n/a +0.23% +1.36% +1.08% +1.59%
Avg Bedrooms n/a 3.31 beds 3.25 beds 3.28 beds 3.23 beds
Avg Bathrooms n/a 2.32 baths 2.29 baths 2.28 baths 2.28 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corona Del Sol High School 51 $728,195 89 days
Marcos De Niza High School 60 $347,354 44 days
McClintock High School 109 $304,205 38 days
Mountain Pointe High School 10 $468,825 92 days
Tempe High School 103 $368,659 53 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 350 $399,386 52 days
Distressed Homes 3 $288,166 87 days
Multi-Million Dollar Homes 14 $1,272,286 138 days
Newly Built Homes 10 $416,348 107 days
Homes with a Pool 114 $553,296 58 days
Reduced Price Homes 27 $410,143 46 days
Urban Luxe Real Estate
Dave Westbrook
7077 East 5th Avenue
Scottsdale, AZ 85251
602-980-0556

© 2019 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 Dave Westbrook - Urban Luxe Real Estate 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. August 17, 2019