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Tempe Market Report

$594,674

AVERAGE PRICE OF 446 HOMES

$629,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,906,599

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$718,166

AVERAGE PRICE OF 129 HOMES WITH A POOL

$522,642

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price	$594,674
Avg Bedrooms	2.79 beds
Avg Bathrooms	2.05 baths

Average Price by Bedrooms

1 bedroom	$290,915
2 bedrooms	$343,414
3 bedrooms	$521,182
4 bedrooms	$675,392
5 bedrooms	$897,557

Tempe Home Price Trends

	8/2024	7/2024	6/2024	5/2024	4/2024
Total Listings	407	401	421	423	373
Average Price	$605,880	$594,357	$592,374	$591,087	$597,817
Avg Price Change	+1.94%	+0.33%	+0.22%	-1.14%	+0.53%
Median Price	$514,641	$522,175	$520,999	$525,233	$524,663
Med Price Change	-1.46%	+0.23%	-0.81%	+0.11%	+0.19%
Avg Bedrooms	2.75 beds	2.76 beds	2.73 beds	2.8 beds	2.78 beds
Avg Bathrooms	2.04 baths	2.04 baths	2.03 baths	2.09 baths	2.1 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Tempe High School	129	$515,797	65 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	446	$594,674	60 days
Distressed Homes	1	$629,000	2 days
Multi-Million Dollar Homes	35	$1,906,599	110 days
Homes with a Pool	129	$718,166	55 days
Reduced Price Homes	28	$522,642	52 days

© 2024 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 Jasson Dellacroce - The Synergy Team / My Home Group 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. September 17, 2024