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Tempe Market Report

$399,267

AVERAGE PRICE OF 377 HOMES

$454,725

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,276,661

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$514,307

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$513,551

AVERAGE PRICE OF 142 HOMES WITH A POOL

$526,125

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $399,267
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.32 baths

Average Price by Bedrooms

1 bedroom $281,608
2 bedrooms $263,219
3 bedrooms $331,165
4 bedrooms $435,042
5 bedrooms $639,841
Tempe Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 363 377 398 390 368
Average Price $410,699 $389,779 $378,279 $375,120 $369,955
Avg Price Change +5.37% +3.04% +0.84% +1.40% +0.67%
Median Price $341,103 $336,537 $332,951 $327,730 $331,333
Med Price Change +1.36% +1.08% +1.59% -1.10% +2.86%
Avg Bedrooms 3.25 beds 3.28 beds 3.23 beds 3.23 beds 3.19 beds
Avg Bathrooms 2.29 baths 2.28 baths 2.28 baths 2.26 baths 2.27 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corona Del Sol High School 54 $727,255 68 days
Marcos De Niza High School 72 $350,948 51 days
McClintock High School 97 $303,459 44 days
Mountain Pointe High School 12 $482,129 75 days
Tempe High School 121 $359,847 56 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 377 $399,267 55 days
Distressed Homes 4 $454,725 125 days
Multi-Million Dollar Homes 18 $1,276,661 85 days
Newly Built Homes 9 $514,307 110 days
Homes with a Pool 142 $513,551 55 days
Reduced Price Homes 23 $526,125 45 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. June 25, 2019