If you need assistance, please call 480-733-8500

Adam Bohne
520-955-4388

Tempe Market Report

$402,501

AVERAGE PRICE OF 357 HOMES

$454,725

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,276,383

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$514,307

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$519,076

AVERAGE PRICE OF 133 HOMES WITH A POOL

$554,054

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $402,501
Avg Bedrooms 3.31 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $289,793
2 bedrooms $262,723
3 bedrooms $339,996
4 bedrooms $434,104
5 bedrooms $647,949
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 50 $746,875 72 days
Marcos De Niza High School 67 $354,736 54 days
McClintock High School 94 $305,682 43 days
Mountain Pointe High School 9 $505,727 83 days
Tempe High School 116 $361,059 55 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 357 $402,501 55 days
Distressed Homes 4 $454,725 127 days
Multi-Million Dollar Homes 18 $1,276,383 87 days
Newly Built Homes 9 $514,307 112 days
Homes with a Pool 133 $519,076 57 days
Reduced Price Homes 20 $554,054 46 days
JK Realty
Rome Towers
1760 E Pecos Rd, Suite 501
Gilbert, AZ 85295
480-733-8500

© 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 JK Realty 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 27, 2019