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Tempe Market Report

$390,638

AVERAGE PRICE OF 466 HOMES

$1,503,089

AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

$320,020

AVERAGE PRICE OF 25 NEWLY BUILT HOMES

$532,923

AVERAGE PRICE OF 114 HOMES WITH A POOL

$427,736

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $390,638
Avg Bedrooms 3.01 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $235,481
2 bedrooms $266,767
3 bedrooms $377,622
4 bedrooms $506,806
5 bedrooms $644,759
Tempe Home Price Trends
  9/2020 8/2020 7/2020 6/2020 5/2020
Total Listings 449 434 416 469 447
Average Price $405,199 $408,144 $392,566 $391,236 $388,212
Avg Price Change -0.73% +3.97% +0.34% +0.78% -0.46%
Median Price $362,353 $361,215 $346,084 $346,996 $346,572
Med Price Change +0.32% +4.37% -0.26% +0.12% -0.46%
Avg Bedrooms 3.08 beds 3.12 beds 3.05 beds 3.08 beds 3.15 beds
Avg Bathrooms 2.22 baths 2.23 baths 2.17 baths 2.19 baths 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corona Del Sol High School 51 $645,837 47 days
Marcos De Niza High School 96 $375,226 34 days
McClintock High School 129 $317,928 45 days
Mountain Pointe High School 9 $520,216 32 days
Tempe High School 159 $387,073 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 466 $390,638 50 days
Multi-Million Dollar Homes 9 $1,503,089 44 days
Newly Built Homes 25 $320,020 104 days
Homes with a Pool 114 $532,923 36 days
Reduced Price Homes 26 $427,736 46 days
Copper Summit Real Estate | The Sharyn Younger Team
Sharyn Younger
480-589-2347
Waterstone Mortgage
Emilio Cosculluela
602-708-9322
Emilio.Cosculluela@WaterstoneMortgage.com

© 2020 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 Sharyn Younger - Copper Summit Real Estate - The Sharyn Younger Team 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. October 20, 2020
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