Tempe Market Report

$394,242

AVERAGE PRICE OF 315 HOMES

$585,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,269,000

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$459,117

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$527,703

AVERAGE PRICE OF 105 HOMES WITH A POOL

$469,076

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $394,242
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $188,692
2 bedrooms $262,047
3 bedrooms $337,271
4 bedrooms $443,202
5 bedrooms $712,273
Tempe Home Price Trends
  9/2019 8/2019 7/2019 6/2019 5/2019
Total Listings 292 324 370 368 363
Average Price $409,562 $404,113 $397,481 $404,771 $410,699
Avg Price Change +1.35% +1.67% -1.83% -1.46% +5.37%
Median Price $349,644 $348,113 $345,000 $341,903 $341,103
Med Price Change +0.44% +0.90% +0.91% +0.23% +1.36%
Avg Bedrooms 3.3 beds 3.29 beds 3.26 beds 3.31 beds 3.25 beds
Avg Bathrooms 2.36 baths 2.34 baths 2.31 baths 2.32 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corona Del Sol High School 51 $679,938 80 days
Marcos De Niza High School 59 $369,055 36 days
McClintock High School 70 $308,137 35 days
Tempe High School 114 $345,203 47 days
Westwood High School 5 $306,780 59 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 315 $394,242 47 days
Distressed Homes 1 $585,000 45 days
Multi-Million Dollar Homes 6 $1,269,000 121 days
Newly Built Homes 16 $459,117 89 days
Homes with a Pool 105 $527,703 54 days
Reduced Price Homes 25 $469,076 41 days
North & Co. - The Hunter Durham Team
Ed Durham
5635 E Thomas Rd
Phoenix, AZ 85018
602-315-4817 Cell
602-714-7000 Office

© 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 Ed Durham - North & Co - Hunter Durham 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 19, 2019